Union commerce & industry - Latest News Update, Information, Photos & Videos on Union commerce & industry at Lokmat Times

New Delhi, Feb 24 India will play an "increasing role" in the revival and restoration of international economies in the post-Covid world, Union Commerce & Industry Minister Piyush Goyal said on Thursday.In his address to the CII Manufacturing Conclave 2022 on Thursday, Goyal said in the "post-Covid world, we are going to see a new world order"."We do have international geopolitical uncertainties as we see today on the Ukraine-Russia crisis, but I am very confident that India will play an increasingly important role in the revival and restoration of international economies in the years ahead," he said, as per an official statement."Personally I think we can still aim for the $5 trillion economy by 2026 but it's not possible unless all of you participate with full gusto in this very, very ambitious plan."He called upon the industry to invest heavily in labour-intensive sectors."You have the power to lift the millions out of poverty, you have the power to give a better quality of life to the underprivileged. Together we can create not lakhs but crores of jobs in the textiles sector, plastics, footwear, auto components, sports goods, agri/food processing, there are so many sectors where labour is an important element of cost, that's our competitive or comparative advantage that we should leverage," he said at the event.Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Union Commerce & Industry, NewsFOLLOW

Union commerce & industry, Latest News

International :PM Modi's key focus is on drone sector, says Anurag Thakur at Elevate Expo Finale in Dubai

Floating the idea of investing in the drone sector to the global investors in the pitching session by Indian start-ups at Elevate Expo Finale in Dubai, Information and Broadcasting Minister Anurag Thakur on Monday said that the main focus of Prime Mi ...

Politics :India to play 'increasing role' in global economic recovery: Goyal

New Delhi, Feb 24 India will play an "increasing role" in the revival and restoration of international economies ... ...