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Commerce and Industry Minister Piyush Goyal has said Indian economy is back in action and it is clear from several indicators such as rising exports and increasing foreign direct investment (FDI) inflows into the country.

Goyal stated that merchandise exports during April-October this fiscal stood at $232 billion and total FDI during the first four months of this fiscal rose by 62 per cent. He added there was growth in employment over the same month last year, and manufacturing PMI rose to 55.9 in October while services PMI reached a decade high of 58.4 in the month.

Further, he said that global sentiments are changing from 'Why India' to 'Why not India' to now Make in India for the world’ and serve the world from India. Besides, he stated ensuring transparent, trustworthy and resilient supply chains is at the core of trade revival and India has emerged as a source of resilience and a trusted partner during COVID-19.