Union Minister for Commerce and Industry Piyush Goyal appealed to aim for a USD 47 trillion economy when India reaches the year 2047.
While delivering the inaugural address at the 'India Calling Conference 2023' Goyal said, "India has tried to formalize the economy and has met with great success. The spirit of team, competitiveness, and positivity are necessary for success, and that kind of spirit can be seen in Mumbai, which is not only the financial capital but also the fun capital of India."
Goyal said that every single geography in the world has a lot of hope and expectation from India, and though it can be sometimes daunting, it shows the confidence of the world in India's future. India reflects the vision of the world as one Economy. While Commerce Industry teams are negotiating Free Trade Agreements with a deep focus on protecting India's interest, India believes that true prosperity happens when the whole world prospers.
He added that India believes in Vaccine Maitri under which it delivered 278 million doses to poorer countries mostly free because India feels safe when the world is safe.