New Delhi: The Indian economy returned to action and clearly from several indicators such as increasing exports and increasing foreign direct investment (FDI) into the state, trade and the Piyush Industry Minister Goyal said on Friday.
He said that merchandise exports during April-October fiscal reached $ 232 billion and the total FDI during the first four fiscal months rose 62 percent.
There was growth in work during the same month last year, and Manufacturing PMI rose to 55.9 in October while PMI services reached as high as a decade of 58.4 that month, said Goyal.
“India again in action and this decade forms decades of growth, with our exports soaring and FDI flows and investment after high growth trajectory,” he said at a virtual conference.
He said that global sentiment changed from ‘why India’ became ‘why not India’ until now “made in India for the world ‘and served the world from India.
Ensuring a transparent supply chain, trustworthy, and tough is the core of the rise of trade and India It has emerged as a resilience source and partner trusted during Covid-19, he said.