Piyush Goyal, the Union Minister for Commerce and Industry, urged the industry on Saturday to strive to make India a 47 trillion dollar economy by the year 2047.
He was giving the opening speech at the Indian Merchants Chamber’s Mumbai-based “India Calling Conference 2023.”
He emphasised the role that businesses from tiny nations, such Poland and the Czech Republic, play in the global supply chains of large corporations.The minister continued by saying that India has made remarkable progress towards formalising its economy. Success required a team spirit, a competitive edge, and a positive attitude, and Mumbai, which was not only the world’s financial capital but also India’s epicentre of fun, he continued.
Every location in the globe, according to Minister Goyal, has high hopes and expectations for India. “India exemplifies the idea of a single global economy. India is certain that true prosperity can only occur when the entire globe prospers, despite the fact that trade and industry teams are negotiating free trade agreements with a strong emphasis on safeguarding India’s interests. India supports “Vaccine Maitri,” through which it provided 278 million doses to poorer nations largely at no cost, since it feels safe when the rest of the world is secure, he continued.
He continued, “The ‘Panch Pran’ given by Prime Minister Narendra Modi could only be realised if it became the commitment of the entire nation.” He made clear that the idea of a Without the ‘Nari Shakti’ of India and a country devoid of corruption, developed India would not be feasible. He praised the industry’s dedication to social concerns and remarked that every Indian was determined to make sure that the country had a better future.
