Indian investors demonstrated to world that equity market culture is now getting into country in much bigger way: Union Minister Piyush Goyal

Commerce and Industry Minister Piyush Goyal today said that Indian investors have demonstrated to the world that the equity market culture is now getting into the country in a much bigger way.

Speaking at an event at the Bombay Stock Exchange, he expressed happiness on large pool of investors and large pool of capital is being invested in stock exchanges. He asserted that India’s capacity of taking risk has been increasing.

The Minister also said that over a long period of time, Indian stock exchanges have given good returns to consistent investors.

Mr. Goyal said, India is going to be a 30-32 trillion dollar economy when the country celebrates 100 years of Independence. He added that India will drive world growth as it will be a beacon the world will follow.

He further said, despite uncertainty in the rest of the world there is a sense of confidence in the system in India. Mr. Goyal hoped that the Small and Medium sized enterprises sector will get new wings and opportunity to grow from Mumbai.