Expressing optimism over the government’s dream to become a $5 trillion economy by 2025, Union Minister Piyush Goyal has said that India is strengthening the entire ecosystem through rapid structural reforms to achieve the same. He said ‘we are working simultaneously to bring about a quantum leap in our quality, in our productivity, in our efficiency, so that Indian Industry can truly expand our export basket, making it bigger, better and broader’.
The Minister said new markets were being explored aggressively to enhance the reach of Indian products globally. He added ‘the Indian diaspora living abroad have more familiarity with consumer markets. You have unique insights into consumer behaviour and can guide Indian Industry to develop customised products for foreign markets’. He also said the disruptions due to COVID-19 have made everyone realise that one needs to dare to do great things.
Goyal said ‘Otherwise, we may lose our ability to be a global leader. This is the philosophy behind Aatmanirbhar Bharat. It is not about closing doors but opening it wider to build India’s capability and capacity, and our resilience with speed, skill and scale’. He noted that ‘our holistic approach consists of improving the ease of starting a business, ease of doing a business, and ease of growing a business’. He said India was growing rapidly and offered a plethora of opportunities for Indians both within and outside the country.