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Our recent trade agreements with Australia, and UAE and ongoing discussions on FTA with UK, EU, and Canada signify our commitment to empowering businesses, facilitating technology transfers, and fostering deeper geopolitical alliances.” He continued, “By implementing the Rupee currency in UAE trade, we aim to open vast trade opportunities while addressing the 5-6 percent costs incurred otherwise in currency conversion, impacting MSMEs significantly.”\u003C\u002Fp>\r\n\u003Cp>Adding that India’s vibrant democracy has all the right ingredients for any country to capitalize off the global efforts to do trade with trusted partners and to further expand the synergies between industry and the government, he mentioned that India’s semiconductor sector is witnessing an astounding level of interest from major industry players, with global majors actively exploring various avenues of engagement. He also discussed key elements surrounding India’s financial landscape.\u003C\u002Fp>\r\n\u003Cp>Under the theme of ‘Collaboration for Growth’ the celebration focused on India’s trade partnerships over the last few years and the overall contribution of the trade sector to India’s growth. In the last two decades, the Indian Economy has grown at an average of nearly 6.4 percent. During this period exports (goods & services) contributed significantly, almost doubling its share to GDP from 13.7 percent in FY04 to 23.5 percent in FY23.\u003C\u002Fp>\r\n\u003Cp>Mehul Pandya, MD, and CEO, CareEdge Ratings said, “We are delighted to mark the momentous occasion of CareEdge Ratings’ 30th anniversary. This milestone represents three decades of unwavering commitment to excellence, integrity, and risk assessment. As we celebrate this significant journey, we are driven by the vision of contributing even more profoundly to India's economic growth in the years ahead.”\u003C\u002Fp>\r\n\u003Cp>He added, “In India’s Amrit Kaal, trade and strategic collaborations will play a key role in accentuating growth. The key elements to such collaborations would be to identify synergies in champion growth sectors, debottleneck differences in positions, and explore untapped strategic interests to work together. India has set an ambitious target to achieve US$ 1 trillion in exports each for merchandise and services by 2030. To reach this goal, India must enhance domestic preparedness and competitiveness by prioritizing logistic infrastructure, scaling up production, and streamlining the ease of doing Business.”\u003C\u002Fp>\r\n\r\n\u003Cp>For more information: \u003Cstrong>www.careratings.com\u003C\u002Fstrong>\u003C\u002Fp>","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fposts\u002FJuly2023\u002F0fjCsElDZ7OGy9aQFrfp.JPG","https:\u002F\u002Fmedia.magicwandmedia.in\u002Fsocial\u002Fhorizontal\u002Fposts\u002FJuly2023\u002F0fjCsElDZ7OGy9aQFrfp.JPG","2023-07-30T08:03:28+05:30",0,"Piyush Goyal emphasized the strategic importance of international trade agreements in driving India's long-term economic growth.\nCareEdge Ratings celebrated three decades of contributing to India’s financial landscape and risk assessment sector.\nIndia aims to reach a ambitious target of $1 trillion each in merchandise and services exports by 2030.","Celebrating three decades of excellence, CareEdge Ratings recently marked its 30th anniversary in Mumbai with an insightful address by Union Minister Piyush Goyal. The event focused on the pivotal theme of 'Collaboration for Growth,' highlighting how India is leveraging international trade agreements and strategic partnerships to strengthen its global economic position. Minister Goyal underscored the government's commitment to boosting exports, optimizing trade costs via rupee-based transactions, and fostering growth in high-potential sectors like semiconductors. As India works toward the $1 trillion export goal for 2030, the synergy between robust industry collaboration and government policy remains the backbone of this transformation. A significant milestone for a key player in the Indian financial ecosystem. #IndiaExports #EconomicGrowth #CareEdge30","Piyush Goyal spotlights India’s export potential at CareEdge Ratings’ 30th anniversary. 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