Union Commerce Minister Piyush Goyal calls diaspora, representatives of India’s capabilities, competence & confidence

Union Commerce Minister Piyush Goyal has said that India will become the third-largest economy by 2027. He said currently, India is the 5th largest economy and by 2027-28, India will be the third-largest economy in the world. India is a 3.5 trillion-dollar economy today, and will become a 30-35 dollar trillion economy by 2047 when the nation celebrates 100 years of its Independence.

Mr. Goyal was addressing the Indian diaspora community in Paris yesterday. The Minister said, India crossed 750 billion US dollars in exports in the 75th Year of Independence. He said India is emerging as the go-to country, as the world’s pharmacy, as the world’s food bowl and as a trusted partner to other countries. He said everybody is looking up to Prime Minister Narendra Modi’s leadership to resolve the world’s challenges today.

Mr. Goyal said that India deeply values the partnership with France. He said each recognizes that this partnership will see further growth, in terms of both opportunities and friendship. He also lauded the Indian diaspora, saying that India with capabilities, capacities, competency, and confidence, is the New India what each one of you represents. He said with their support, India will achieve strides of growth and development in Amrit Kaal.

Piyush Goyal and Olivier Becht, France’s Minister delegate of Foreign Trade, Attractiveness and French Nationals Abroad will co-chair the India-France Business Summit, commemorating 25 years of India-France friendship, in Paris today. The Summit will focus on themes, including building a green future, emerging technologies, defence cooperation and cooperation in the Indo-Pacific region.