Piyush Goyal pitches India as manufacturing, innovation base for Canadian businesses
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Union Commerce and Industry Minister Piyush Goyal urged Canadian businesses to use India as a manufacturing and innovation base.
- ✓He said, "Please don't make India just your market.
- ✓Make it also your manufacturing base, your base for innovation and design." This move helps companies reach global markets more effectively today.
Story at a Glance
- Category
- BUSINESS
- Reported By
- The Economic Times
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Synopsis
Union Commerce and Industry Minister Piyush Goyal has urged Canadian businesses to utilize India's manufacturing capabilities. He highlighted the potential for production and exports to global markets beyond India's domestic market. Goyal emphasized India's preferential trade agreements that enhance market access to approximately USD 85 trillion of global GDP. He encouraged bilateral commercial engagements ahead of finalizing the Comprehensive Economic Partnership Agreement.
Mumbai: Union Commerce and Industry Minister Piyush Goyal has urged Canadian businesses to use India as a manufacturing, innovation and design base to serve global markets, highlighting the country's talent pool and expanding preferential trade access as opportunities for companies looking to strengthen their competitiveness.
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The Economic Times
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