25-May-2026
Economy News
 
No signs of industrial degrowth in India; readying plan to spur investments in some sectors: Piyush Goyal
25-May-2026

The government is working on several measures to promote investments in key sectors as part of a push to strengthen domestic manufacturing, reduce import dependence and boost exports, commerce and industry minister Piyush Goyal said on Saturday. The minister said the Centre is preparing several sector-specific investment promotion proposals announced in the budget. “We are continuously addressing challenges related to increasing self-reliance, particularly in areas where our supply chains are critically dependent on certain geographies,” he said. There are no signs of a demand slowdown in the economy so far based on recent discussions with the industry, Goyal told reporters here, asserting that there’s no industrial degrowth.

News Source:- https://economictimes.indiatimes.com/news/economy/policy/no-signs-of-industrial-degrowth-in-india-readying-plan-to-spur-investments-in-some-sectors-piyush-goyal/articleshow/131284929.cms