12-July-2025
Economy News
 
India must boost exports to be world’s third-largest economic power: Thakur
12-Jul-2025

India will have to increase its exports to become the world’s third-largest economic power, and the shipping and waterways sector will play a vital role in enhancing exports, Minister of State for Ports, Shipping and Waterways Shantanu Thakur said on Thursday. Addressing an event organised by industry body CII, Thakur stresses the need for equal and balanced focus on the development of each sector and said priority must be given to enhancing the value of Indian products. He highlighted that the reduction of turnaround time for transporting goods from one state to another is of paramount importance.

News Source:- https://economictimes.indiatimes.com/small-biz/trade/exports/insights/india-must-boost-exports-to-be-worlds-third-largest-economic-power-thakur/articleshow/122379480.cms