A- A A+
Last Updated : Mar 5 2021 7:34AM     Screen Reader Access
News Highlights
UN General Assembly adopts India's resolution to declare 2023 as International Year of Millets            Prime Minister Narendra Modi says, India is honored to be at forefront of popularizing Millets            BJP CEC meets in New Delhi in wake of upcoming Assembly Elections            External Affairs Minister, Dr. S. Jaishanker visits Dhaka, says, Bangladesh is central to India's neighborhood first Policy            India commemorates Chabahar Day, External Affairs Minister says, Chabahar port facilitated delivery of humanitarian assistance during COVID-19 pandemic           

Business News

Feb 18, 2021

USIBC Summit: Piyush Goyal invites businesses in US to look at India as a manufacturing base

Union Commerce and Industry Minister Piyush Goyal has said that the trade between India and US has grown exponentially, but still there is a lot to be desired. Delivering the inaugural virtual address at the annual USIBC State of US - India Business, the Minister said, we set a modest target of half a trillion dollars, which he hoped can be achieved through continuous engagement between the two nations. Mr Goyal said, US and India complement each other. He said, the US offers technology, finance and innovation, whereas India has a large market that needs to be served. He, however, added that at the same time, we need to protect people in agriculture and protect the citizens from low quality products. Emphasizing at a fair dealing in our engagement, the Minister said, India provides an under-served aspirational market. The US will have to be very sensitive to price points in India, which matter to emerging economies with millions of people just coming out of poverty, he added.

Inviting businesses in the US to look at India as a manufacturing base, Mr Goyal said, from here they can serve a large Indian market and at the same time, also serve global markets through cost-competitive products. He said, India's reforms in defence, mining, labour and agriculture sector will open up new opportunities for the American companies. He mentioned the announcement in the Union budget to increase the FDI limit in insurance to 74 percent.

   Related News

Live Twitter Feed

Listen News

Morning News 4 (Mar) Midday News 4 (Mar) Evening News 4 (Mar) Hourly 5 (Mar) (0610hrs)
समाचार प्रभात 4 (Mar) दोपहर समाचार 4 (Mar) समाचार संध्या 4 (Mar) प्रति घंटा समाचार 5 (Mar) (0600hrs)
Khabarnama (Mor) 4 (Mar) Khabrein(Day) 4 (Mar) Khabrein(Eve) 3 (Mar)
Aaj Savere 4 (Mar) Parikrama 4 (Mar)

Listen Programs

Market Mantra 4 (Mar) Samayki 1 (Jan) Sports Scan 4 (Mar) Spotlight/News Analysis 4 (Mar) Employment News 4 (Mar) रोजगार समाचार 4 (Mar) World News 4 (Mar) Samachar Darshan 22 (Mar) Radio Newsreel 21 (Mar)
    Public Speak

    Country wide 12 (Mar) Surkhiyon Mein 4 (Mar) Charcha Ka Vishai Ha 11 (Mar) Vaad-Samvaad 17 (Mar) Money Talk 17 (Mar) Current Affairs 6 (Mar) Sanskrit Saptahiki 27 (Feb) North East Diary 4 (Mar)