India wants reciprocal trade with other countries: Goyal

Union minister of Commerce Piyush Goyal on Monday said that Indian products deserve fair access to other countries before these countries can freely access the Indian market. He stressed on the point that “India needs reciprocal trade with other countries”. While addressing the inaugural session of ‘India Virtual FMCG Supply Chain’ event which was organised by FICCI, the minister said: “Countries should, in a phased manner, look at sourcing from India, developing their products in India and then en-cash the large business opportunity that 1.3 billion Indian people offer.” He asserted that it is time for the Indian industry to level up the play field and boost the economy of the country.”Our government will stand shoulder-to-shoulder with industries in their efforts to become more competitive and engage with the world on equal and fair terms. We are moving towards balanced trade,” he said.