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Service export industry should explore new markets: Commerce Minister Piyush Goyal

Service export industry needs to be more ambitious and explore the global market, said Minister of Commerce & Industry Piyush Goyal.

September 15, 2023 / 14:14 IST
Service export industry should explore new markets: Commerce Minister Piyush Goyal

Minister of Commerce & Industry Piyush Goyal said on September 15 that the service export industry should explore more markets and also focus on countries such as Africa, the US, Middle East among others.

Speaking at the Global Services Export Conclave, Goyal said that the industry needs to be more ambitious and explore the global market.

“We will have to think smart. We will have to go global and seamlessly merge into the sector rather than trying to fight it,” he said.

The minister added that India needs to focus on international market and free-trade agreements (FTA) are the way for it.

"We need to aim to go international and the FTAs are opening doors to the services sector as well. Our negotiations of the FTAs also reflect that we are getting the best deals for our stakeholders, and it should be a win-win for both countries," Goyal added.

He also urged the industry to identify countries which does not provide Indian talent enough opportunities so that the government could resolve the issue.

Moneycontrol News
first published: Sep 15, 2023 12:52 pm

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