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Indian industry in domestic mkt 'comfort zone': Goyal
Financial Express Lucknow
|August 31, 2025
INDIAN BUSINESSES ARE in a "cosy comfort zone" created by the presence of a 1.4 billion-person domestic market, and need to find opportunities globally, Union commerce minister Piyush Goyal said on Saturday.
In the comments that come amid deep concerns about the impact of high US tariffs on the Indian economy, Goyal asked India Inc not to get carried away by any "negative narrative", and reminded that the country's GDP growth has accelerated to 7.8% in June.
Even as it braces for the impact of the US' tariff moves, Goyal exuded confidence that the overall exports will grow this year and also pointed out that over $46 billion of the $87 billion exports to the US are unaffected by the tariff moves.
This story is from the August 31, 2025 edition of Financial Express Lucknow.
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