IGI Logo

In a big relief, Union Commerce and Industry Minister Piyush Goyal has said that the Omicron will be a short-term disruption for businesses but supply chains and industrial activities will continue at full speed.

While highlighting India’s exports which surged 37 percent on an annual basis to $37.29 billion in December 2021, the highest-ever monthly figure, Goyal called this achievement 'historic' and attributed it to the leadership of Prime Minister Narendra Modi. He also congratulated all the Export Promotion Councils (EPC), exporters, and Indian Embassy officials all across the globe for contributing to this historic achievement.

Goyal commended the performance of Uttar Pradesh's performance and said Uttar Pradesh has been the best-performing state in exports. Further, the minister is hopeful that India will launch trade negotiations with Britain this month and hope to conclude an interim trade deal by March 2022. Goyal said that India will also launch trade negotiations with Canada and Israel soon.