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India cannot afford to remain dependent on low cost, low quality products: Piyush Goyal.
Jun 26, 2020

Union Commerce Minister Piyush Goyal on Thursday said India is keen to focus on certain sectors where it has competitive advantage, emphasising that the country cannot afford to remain dependent on 'low cost, low quality' products. With domestic skilled manpower, availability of certain raw materials, resources and minerals, India can achieve a good growth in certain sectors.
 
'India cannot afford to remain dependent on low cost, low value, low quality products. So we are very keen to focus on certain areas where we have the competitive advantages,' he said at a webinar organised by Indo-American Chamber of Commerce. Citing example, he said in the steel sector India can expand significantly and boost exports.
    

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