PIB | 28 Oct, 2022
Union Minister for Commerce and
Industries Piyush Goyal attended as Chief Guest at the inagural of Indian
Institute of Foreign Trade (IIFT), Kakinada Campus, in Andhra Pradesh on Friday. Union Minister of Finace, Corporate Affairs Nirmala
Sitaraman inagurated the IIFT Kakinada campus.
Goyal, on this
occasssion said that Union Finance Minister Nirmala Sitaraman paid
special attention and initiative for the establishment of IIFT campus.
The establishment of this new campus marks the beginning of a new
chapter.
He further said that an expert management
of human resources is necessary for Indian commerce to gain more
international recognition in the future. These human resources will be
made available through IIFT’s.
With political stability, high
competitiveness, collective efforts and developing economic system,
India will become an economic force in the world to rekonwith.
He also said that at present, the Indian
economy is worth of 3.5 trillion US dollars. A developing country can be
taken to the level of a developed country with integrated economic
growth and collective efforts.
With continuous efforts Indian economy
will reach tenfold in the next 25 years, by 2047, when we mark the 100th
year of independence. The development can be achieved by making
available expert human resources to the maximum extent, he added.
He mentioned that the actions and special
allocation of budgets by the central government under the Atman Nirbhar
Bharat makes country's economic system much stronger and enriched.
He
also said that Andhra Pradesh is growing a lot in the fields of
agriculture, fisheries etc, and the state of Andhrapradesh also have
various special economic zones.
The minister has called for the promotion
of local products, artisans, skilled weavers etc, as it is important to
support them in every way.