Live
- Horoscope Today: Astrological Prediction November 6, 2024 for All Zodiac Signs
- GAIL clocks net profit of Rs 2,672 crore in Q2
- Dubai Fitness Challenge is Here!
- Sr Men's National Hockey: Delhi, Karnataka, Bengal, A.P. win group matches on Day 2
- ‘Nation is proud of you’: West Bengal Guv to GRSE on laying keels of two NGOPVS
- KLH Bachupally Campus Promotes Unity Through Community Initiatives
- Kirttane, Kapadia bag golden double as India wins 14 medals in Asia Pickleball Games
- IDFC FIRST Bank leads the way in revolutionising real-time tracking of money sent abroad through Swift GPI
- Gurugram: 11 projects of GMDA worth Rs 249.77 crores approved
- Samsung R&D Institute, Bangalore Sets Up a State-of-the-Art Linguistics Lab focused on Artificial Intelligence and Machine Learning, Jointly with Garden City University, Bangalore
Discussions on FTAs with several countries progressing fast: Union Minister Piyush Goyal
Union Minister Piyush Goyal
India is fast progressing in discussions with several countries for Free Trade Agreements (FTAs), Union Minister Piyush Goyal has said.
New Delhi: India is fast progressing in discussions with several countries for Free Trade Agreements (FTAs), Union Minister Piyush Goyal has said.
Currently, India is in discussions on FTAs with several countries including the UK, UAE and GCC countries, Australia and European Union.
The Union Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles cited that India and US have agreed to aspire for $500 billion trade in near future.
Furthermore, while addressing the business and trade fraternity through the platform of Jain International Trade Organisation (JITO), he noted that recently India emerged as the world's second most desirable manufacturing destination overtaking the US.
The minister pointed out that the trend showed the potential and promise of India to become the "manufacturing hub" of the world.
He asserted that along with becoming the "manufacturing hub", India should also become a "trading hub".
According to Goyal, every growth parameter is showing an extremely "exciting future for all of us".
"Whether it is FDI, forex reserves, foodgrain reserves, agriculture production, manufacturing, all sectors are on a growth path. We now need to sprint ahead," the minister was quoted as saying in an official statement.
