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Global investors excited about India as trusted economy: Piyush Goyal

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NEW DELHI: Global investors are excited about India as “not only a large economy, but a trusted economy”, Union commerce and industry minister Piyush Goyal said on Friday, adding that the country is at a ‘cusp’ that comes once in every nation’s history.
Lauding the emergence of young entrepreneurs, the minister said they would contribute in great measure to securing India’s future.He was delivering the keynote address at the 11th ET Now ‘Leaders of Tomorrow‘ awards function here.
Highlighting government welfare measures and massive investments in infrastructure, modern technology and digital connectivity in the past 10 years, Goyal said, “All this collectively showcases to the world a new India that is going to offer opportunities for our startups and invite investments both nationally and internationally. The world today wants to engage with India. They want to have free trade agreements, economic partnerships and expand their trade with us.”
The country, he said, is “engaging with the world from a position of strength, with confidence … a nation that can provide for its 1.4 billion population and also serve the world”. This is going to catapult the country into a trajectory of high growth for at least two-or-three decades, taking India from a $3.5 billion economy to a $35 billion economy in ‘Amrit Kal‘ over the next 24 years, he added.


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