The country needs to let go of the mindset of a particular product being for the domestic market and others for the export market, Goyal told the conference organised by the Confederation of Indian Industry (CII) in a video conference.
“This pick-up in economic activity is here to stay and the future looks to be extremely bright," he said.
FDI inflows into the country rose by 62 per cent to $27 billion during the April-July period of this fiscal.
"We will have an FTA with UAE in next 60-100 days, an interim agreement with Australia probably around the same time. With the EU, work should start soon (as) they have recently appointed a lead negotiator and we are working to start with Canada," he added.
ALCHEMPro News Desk (DS)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
marketing@alchempro.com
