Union Minister of Commerce and Industry, Piyush Goyal, has made a significant statement regarding India's economic position and its growing strength in global trade. He stated that India is no longer weak, but stands before the world with confidence and strength. He asserted that India is now in a position to compete with any country, and this is clearly demonstrated by the data.
Breaking Old Records, New Heights in Exports
Piyush Goyal informed that India's exports are expected to exceed $870 billion in the current financial year. This figure was $825 billion in the previous year, 2024-25. This indicates that the country's exports are on track to break all previous records. Notably, India has demonstrated resilience in its exports despite global recession and economic uncertainty.
Indian Market's Strength Shown Even in Global Recession
According to the Union Minister, the entire world is currently grappling with economic pressures, but India has proven through its performance that it can move forward rapidly even in these adverse conditions. India has maintained its exports and continued to make progress even in this difficult time.
India Becomes a Preferred Investment Destination
Piyush Goyal said that today, India has become a major center not only in terms of trade but also from the perspective of global investment. Major companies from around the world are eager to invest in India. He stated that under the PLI (Production-Linked Incentive) scheme, there has been a tremendous increase in domestic production and value addition in several sectors.
PLI Scheme Boosts Domestic Industry
According to Piyush Goyal, the PLI scheme has given new life to the manufacturing sector in India. It has not only increased production but has also created new job opportunities in the country. This also proves that India is steadily moving towards self-reliance.
India Will Remain the World's Fastest-Growing Economy
Piyush Goyal, citing the Reserve Bank of India's estimates, indicated that India's growth rate could be 6.5 percent in the current financial year. According to this estimate, India will once again remain the world's fastest-growing major economy.
Direct Attack on UPA, Describing the Era of 'Weak India'
The Union Minister also targeted the opposition, especially the Congress and the previous UPA government. He said that earlier Indian governments used to make agreements that went against the interests of the country. But now, the Indian government is full of confidence on every issue and prioritizes the interests of the country.
Piyush Goyal, while posting on social media, wrote that India is no longer the one that compromises its strength in agreements. Today, India speaks to the world on its own terms and does not back down on any issue.
Change Seen Under PM Modi's Leadership
The Minister, while praising the leadership of Prime Minister Narendra Modi, said that several historic decisions have been taken for fishermen, farmers, businessmen, and industrialists in the past few years. These decisions have completely changed the economic direction of the country.
India's New Image
It is clear from Piyush Goyal's entire statement that the central government now wants to establish India's image as a b and self-reliant country. Where the country was once considered just a 'cheap market', it is now becoming a 'b partner' for the world.
Through this statement, the minister has once again indicated that India has become b on the economic front and that the future holds further strengthening.
