With political stability, high competitiveness, collective efforts and development of the economic system, India will become an economic force in the world to reckon with, said Union Commerce Minister Piyush Goyal on Friday.
While speaking at the Indian Institute of Foreign Trade (IIFT) in Andhra Pradesh, Goyal said that the Indian economy is worth USD 3.5 trillion. The development can be achieved by making available expert human resources to the maximum extent.
"A developing country can be taken to the level of a developed country with integrated economic growth and collective efforts," he said.
While talking about PM Modi's developed nation target of 2047, Goyal said that with continuous efforts Indian economy will reach tenfold in the next 25 years, by 2047, when we mark the 100th year of independence.
He mentioned that the actions and special allocation of budgets by the central government under Atmannirbhar Bharat make the country's economic system much stronger and enriched.
Goyal also said that Andhra Pradesh is growing a lot in the fields of agriculture, fisheries etc, and the state of Andhrapradesh also has various special economic zones.
The minister has called for the promotion of local products, artisans, skilled weavers etc, as it is important to support them in every way.
