India is the most preferred country in the world for investment. There are massive opportunities for global investors here. So they should invest in India. Along with this, there is a need to focus on the export services sector to boost the total exports of the country.
In the annual meeting of the World Economic Forum, Commerce and Industry Minister Piyush Goyal said, the government and companies should support each other to increase exports. Speaking at an event organized by the Confederation of Indian Industry and Deloitte, he said that India's presence in Davos has been significant this time. Achieved a record $250 billion export target without the hospitality sector amid challenges posed by the pandemic. Inviting global businessmen to invest in India, Goyal said that India's population is young. There is no dearth of skills here.
Exports up 21 percent to $23.7 billion
The country's exports grew by 21.1 percent to $23.7 billion between May 1-21, driven by improved performance from petroleum products, engineering, and electronic products. According to government data, in the second week of this month (May 15-21), total exports grew by almost 24 percent to $8.03 billion. The government may release export figures for May in June.
Highest 81 percent increase in petroleum products
Till May 21, the export of petroleum products grew by 81.1 percent. Engineering products exports grew by about 17 percent and electronic products by about 44 percent. Earlier in April, exports were up 30.7 percent to $40.19 billion. Imports were also up by 30.97 percent to $60.3 billion.
Jammu & Kashmir: Operation going on in Kokernag for 70 hours, drone bombing, two terrorists killed today, know what has happened in Anantnag so far
Operation Gadul of security forces against terrorists in Anantnag of South Kashmir continues for the fourth day on Saturday. The operation is going on amidst the dense forest and mountains of Gadul in
What did Prime Minister Narendra Modi bring to India from the G-20 conference?
India is succeeding in establishing its presence in the world. The country is going to lead the presidency of Group of Twenty i.e. G-20 Conference 2023 in the G-20 countries conference in Bali,
Army Day: 'Army's unwavering commitment to the nation's sovereignty is inspiring', said the President; PM said this
President Draupadi Murmu and Prime Minister Narendra Modi on Wednesday greeted Indian Army personnel, veterans, and their families on Army Day. The President said their unwavering commitment to
Farmer Protest: Concrete front on Shambhu and Khanauri border, farmers from other states will march to Delhi tomorrow
Even on Monday, farmer leaders were busy meeting throughout the day at the Shambhu border and making strategies. From the stage, the leaders expressed their displeasure over the functioning of the
Ratan Tata's simplicity will win your heart: He had breakfast in his hotel, and did not even reveal his identity; when he made the payment, everyone was surprised.
The life of the country's reputed industrialist Ratan Tata was very simple. He used to stay in his hotel without revealing his identity. He even used to pay the entire bill. IBS Software's Executive
Pakistan: Clashes in Pakistan due to inflation and lack of food, police have to resort to lathi-firing
The Human Rights Commission of Pakistan (HRCP) has said that inflation, shortage of food grains, and its poor distribution system have created a human rights tragedy in the country. The HRCP statement
Moon Mission: Russia's Luna-25 launch after Chandrayaan-3, ISRO congratulated; Said - another meeting in space travel
After India, now Russia also launched Lunar Mission Luna-25. Russia has sent its vehicle after 47 years. The Indian Space Research Organization (ISRO) congratulated the Russian Space Agency for this
Russia is confident of its victory in the war against Ukraine, Moscow told the European Parliament - Sponsor of Idiocy)
Russia has said that it has no doubts about the victory in the Ukraine war. He believes that victory in this will be his only. Kremlin spokesman Dmitry Peskov gave this statement after the attack on
Nupur Sharma: Rizwan is associated with the radical organization, and the statue of Maharaja Ranjit Singh was broken in Pakistan
Shocking revelations are being made about 24-year-old Rizwan, who was arrested for attempting to infiltrate India by crossing the International Border. Imran is associated with the Tehreek-e-Labbaik,
Ruturaj Gaikwad Asian Games: Ruturaj Gaikwad will lead the Indian team in the Asian Games, Shikhar Dhawan did not get the place
The Indian men's cricket team for the Asian Games has been announced. Under the captaincy of Ruturaj Gaikwad, Team India will present its challenge in the Asian Games for the first time. Earlier media
