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Govt identifies 12 sectors to make India self-reliant, global supplier: Piyush Goyal
May-22-2020

In order to make India a self-reliant country and a global supplier, Commerce and Industry Minister Piyush Goyal said that the government has recognised 12 sectors, including auto components, textiles, industrial machinery and furniture, where attention would be given. Goyal said that a self-reliant India will ensure production of quality products on a large scale, fulfil India's requirements and encourage export of surplus production.

He said in these 12 sectors -- food processing; organic farming; iron; aluminium and copper; agro chemicals; electronics; industrial machinery; furniture; leather and shoes; auto parts; textiles; and coveralls, masks, sanitisers and ventilators -- India can become a global supplier. He mentioned ‘we will study these sectors in a focused way so that it can be manufactured in India in a competitive way.... Self-reliant India does not mean that we are getting isolated from the world.’ It will lead to increase in India's share in global trade.

Besides, he said organic farming holds huge demand and if farmers adopt this and increase production of crops like maize and corn, it can help in food security as well as making ethanol, which can be used to blend with oil, to cut India's oil import bill. On iron ore, he said the industry can look at significantly increasing steel production from 100 million tonnes to 300 million tonnes.

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