Stockholm, June 12 -- Union Commerce and Industry Minister Piyush Goyal, during his three-day official visit to Sweden on Thursday, expressed confidence that the future lies in India and expects the country's economy to grow eight times by 2047.

While talking in Stockholm, Sweden, the minsters said, "The opportunities, the skills, the potential, the demand, the decisive leadership that India has--seeing all this, even Swedish companies believe that the future lies in India." He further added that, "the economy, which will grow eightfold by 2047, everyone wants to benefit from that."

Piyush Goyal also addressed the ongoing India-EU Free Trade Agreement negotiations, conveying optimism regarding their progress.

He said, "We are very much...