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Union Minister Piyush Goyal has said that there is need to focus more on services sector exports and added that it can help boost the country's overall exports further. He also called for the government and the businesses to support each other. He also said the presence of India has been very very noticeable this time in Davos. Referring to the challenges posed by the COVID pandemic, He said that ‘despite supply chains having been strained amid global challenges, we have done exceedingly well in terms of exports and other parameters’.

According to him, a record level of $250 billion of exports came without hospitality and some other key sectors and an extra focus on services sector can help improve the export growth much more. He added that India now needs to look at value-added exports. It is important to bring jobs to the country. He said ‘logistics is one cost where the government is very seriously looking at and if there are any other concerns, the industry may have, we are open to look at each of those’.

He further said ‘we are willing to dedicate senior government officials to oversee large projects. In the larger scheme of things, we all need to support each other to bring scale to the country’. Urging foreign companies to invest in India, he said ‘India has got not only the demographic dividend, a young population, but also a huge talent pool’.