New Delhi, Sept. 8 -- India must rely on its resilience and collective resolve to navigate rising global trade disruptions, commerce and industry minister Piyush Goyal said on Monday. Speaking at an event in New Delhi, the Union minister said that dependence on imports leaves businesses vulnerable, and called for greater innovation and a focus on Made in India products, in line with Prime Minister Narendra Modi's Independence Day appeal.
Though Goyal did not name any country, his comments came against the backdrop of recent curbs that have disrupted Indian trade and industry. China suddenly restricted exports of specialized fertilizers and rare earth magnets, affecting Indian agriculture and automobile manufacturing, while the US imposed...
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