Union Commerce and Industry Minister Piyush Goyal on Monday asked Indian businesses to closely track the country’s import trends and identify products that can be manufactured locally instead of relying on foreign markets, as the government sharpened its push for a more self-reliant economy.
Speaking at a national conclave of trade leaders organised by the Confederation of All India Traders at Bharat Mandapam, Goyal said India still remains dependent on imports in several sectors, including capital goods, and urged industrial clusters across the country to step in.
