Aiming USD 30 Trillion Economy Within 30 Years: Goyal

Union Commerce Minister Piyush Goyal has announced government’s plan of propelling the economy by adding USD 30 trillion in less than 30 years, harnessing the potential of under-30 population. Addressing the Bahrain Chapter of Chartered Accountants of India, Goyal highlighted India's status as a global investment hotspot, with market capitalization recently reaching USD 4 trillion.

Goyal pointed out that today India engages with the world with confidence and with an unparalleled, indomitable spirit of confidence, not arrogance. 

Port Capacity Doubled in 10 Years

He said that India is an economy where the port capacity has been doubled in ten years, where the airport's functional commercial airports have doubled from 74 to 150 over the last nine years and expected to further grow to 225 in the next five years, where 140 new inland waterways have been started to supplement the big network of railways and highways of modern high quality. 

He remarked that the beautiful infrastructure that people see in other parts of the world is now being created in India.

Visit Bharat Mandapam, Urges Goyal

He also urged the audience to come and spend some time in Delhi and see the new parliament house or visit Bharat Mandapam where international exhibitions of high quality are being organised. 

He asked them to witness a prosperous, vibrant economy, a system that is taking care of the people of India and giving them a good future and a quality of life with ease of living opportunities.

Goyal said India today is at the forefront of 5Gthrust – growth, good governance, grit, genuine trust and green technologies that reflect sustainability.

Conclusion

With India emerging as a global investment hub, boasting a market capitalization of USD 4 trillion, Goyal envisions a landscape where robust infrastructure, doubled port capacity, and extensive transportation networks contribute to a prosperous and vibrant economy.