Commerce and Industry Minister Piyush Goyal announced that Make In India initiatives have begun producing measurable outcomes. The minister addressed a ceremony marking the program's tenth anniversary and emphasized government efforts to simplify business operations across manufacturing and trade sectors. Economic growth reached 7.8 percent during the first quarter, surpassing analyst predictions and supporting ambitious expansion targets through 2047. Goyal outlined plans to transform India into a 30-32 trillion dollar economy by the centennial of independence.
The minister contrasted current proactive infrastructure development with previous reactive approaches that built facilities only after capacity constraints emerged. New airports at Jewar and Mumbai will provide additional opportunities for regional growth and commerce. Recent discussions with over 75 industry leaders in the UAE demonstrated strong international interest in Indian partnerships. Bilateral trade between India and the UAE has exceeded 100 billion dollars following their free trade agreement. The government targets 100 billion dollars in non-oil trade with the UAE within four years while establishing Bharat Mart by 2027 to support small enterprises.
The minister contrasted current proactive infrastructure development with previous reactive approaches that built facilities only after capacity constraints emerged. New airports at Jewar and Mumbai will provide additional opportunities for regional growth and commerce. Recent discussions with over 75 industry leaders in the UAE demonstrated strong international interest in Indian partnerships. Bilateral trade between India and the UAE has exceeded 100 billion dollars following their free trade agreement. The government targets 100 billion dollars in non-oil trade with the UAE within four years while establishing Bharat Mart by 2027 to support small enterprises.
