(Photograph: PlaneMad/Wikimedia)
India’s Union Minister Piyush Goyal told an audience in Tamil Nadu that the country would become a US$30 trillion economy “very soon” as it looks to “capture the world market”.
“In all sectors, we want to become a global industry,” Goyal said at an event in Coimbatore.
In particular, the minister for textiles and commerce and industry highlighted the potential of the textile industry and praised the role of Tamil Nadu. He went on to say the state could become the world’s largest hub for textiles and critical components manufacturing.
The central government was actively working on a set of free trade deals around the world, he added, claiming that it is “because of the good relations of [Indian Prime Minister Narendra Modi] with world leaders, India is getting global respect today”.
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