New Delhi: Minister of Commerce and Industry Piyush Goyal Where is the goods of India export Has reached around $390 billion by March 14 and will cross $400 billion in the current financial year.
He also said that the auto parts industry recorded a trade surplus of $600 million for the first time.
The minister urged the automakers to buy local products and substitute imports.
He said this while addressing an event in the automotive component sector here on March 16.
Goyal said that India can no longer afford to be closed and protective, but domestic markets will have to open up.
In addition, he urged the auto industry to invest more in R&D (research and development), especially e-mobility, to set higher standards for performance and to take five Indian companies into the top-50 global automotive supplier club. asked for
India’s merchandise exports have reached around $390 billion as of March 14 and will surely cross $400 billion in the current financial year. Ministry of Commerce On Thursday, the minister was quoted as saying.
He also said that the auto parts industry recorded a trade surplus of $600 million for the first time.
The minister urged the automakers to buy local products and substitute imports.
He said this while addressing an event in the automotive component sector here on March 16.
Goyal said that India can no longer afford to be closed and protective, but domestic markets will have to open up.
In addition, he urged the auto industry to invest more in R&D (research and development), especially e-mobility, to set higher standards for performance and to take five Indian companies into the top-50 global automotive supplier club. asked for
India’s merchandise exports have reached around $390 billion as of March 14 and will surely cross $400 billion in the current financial year. Ministry of Commerce On Thursday, the minister was quoted as saying.