The government says, there is a need to increase India`s share of global commerce.
Addressing the first conference of the State Industry Ministers in New Delhi on Tuesday, the Commence and Industry Minister, Anand Sharma said that the foreign trade policy has been revamped to generate demands in the foreign market for Indian goods.
Regretting the slow down in Industrial growth in the country during the last quarter due to global economic meltdown, the Minister, however, noted that India`s investment in foreign destinations is rising globally.
Sharma informed that to keep up the rate of investment outside the country and at the same time making the country an attractive destination for foreign investment, a conscious decision has been taken to diversify them with integrated approach.
Source : myiris.com