<p style="margin: 0px; text-align: justify;"><span style="color: #222222; font-size: 10pt;">The Union Minister for Shipping and Waterways and Ayush, Sarbananda Sonowal has stressed on the innovative schemes laid out by the Government in order to propel growth in the manufacturing sector. Delivering the Keynote address at the Valedictory session of Global Investors Summit in Visakhapatnam, Andhra Pradesh, the Union Minister said that it is due to the innate ability of the Indian economy to withstand global economic challenges that it remains one of the brightest spots of growth and development in the world.</span></p>''<p style="margin: 0px; text-align: justify;"><span style="color: #222222;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</span></p>''<p style="margin: 0px; text-align: justify;"><span style="color: #222222;">The Union Minister also said, the government's vision is to ensure inclusive development and growth by developing our ports, railways and highways to enhance supply chain and reduce logistics costs. Stating that the Multi-Modal Transport System is the future of every city, he said, Andhra Pradesh and the coastal regions of India will move ahead in this race for development with a new momentum.</span></p>''<p style="margin: 0px; text-align: justify;"><span style="color: #222222;">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;</span></p>''<p style="margin: 0px; text-align: justify;"><span style="color: #222222;">Echoing the optimistic outlook of the Indian economy, Sabananda Sonowal further said that &nbsp;India has been continuing to open up its sectors to global investors by raising the investment limits, removing regulatory barriers, developing infrastructure, and improving the business environment.&nbsp; He said, despite the Russia-Ukraine war, US monetary policy, global recession and other global uncertainties, the Indian economy remained healthy.</span></p>
News On AIR | March 4, 2023 8:40 PM
Global Investors Summit: Sarbananda Sonowal stresses on innovative schemes laid out by govt in order to propel growth in manufacturing sector