Self-reliance in focus to counter weaponisation of commerce: Piyush Goyal

New Delhi: India is specializing in atmanirbharta (self-reliance) by constructing capabilities, provide chains and worth chains, which can guarantee that the nation is not going to be topic to weaponisation of commerce, commerce and trade minister Piyush Goyal mentioned on Tuesday. He additionally mentioned India will at all times be able to fulfill its worldwide obligations.

Addressing the curtain raiser occasion for the thirtieth CII Partnership Summit to be held in Visakhapatnam in November, he mentioned the nation is engaged on aatmavishwas (self-confidence) and aatmaraksha (defending Indians and bigger pursuits of mankind).

He additionally mentioned India is rising as the popular vacation spot for world funding.
“In a world filled with turbulence, volatility, uncertainty, India gives an oasis, an economic system that's the world's quickest rising massive economic system,” Goyal mentioned, including India gives a set of younger people who find themselves aspirational.

India's gross home product (GDP) surged to a five-quarter excessive of seven.8% in Q1FY26.

The commerce minister additionally highlighted latest items and providers tax (GST) reforms. “The huge overhaul in GST will result in tax simplification, decrease tax burden on shoppers and provides an enormous enhance to client spending.”