Growing Trade

VITAMIN G: Designing booster shots for trade & commerce. A road map

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Post-pandemic India is not only looking at recovery but also accelerating the growth trajectory. The world, says the Union minister for commerce and industry Piyush Goyal, is looking up to India as a trusted and reliable partner due to the government’s effort to build a sustainable ecosystem for trade and commerce. India has used the Covid disruption to put in place a strategy to move to being a self-reliant economy, says Goyal. The government is determined to make India a global trade destination, he said, while commenting on favourable trade discussions, building infrastructure and stability in policy-making. The other speakers were Tata Steel CEO T.V. Narendran, KKR India chairman Sanjay Nayar and Snapdeal CEO Kunal Bahl.

KEY TAKEAWAYS

• The government has demonstrated its commitment to disinvestment by going ahead with the Air India sale

• Negotiators in advanced stages of talks to finalise FTAs with Canada, Australia, European Union, UAE