Identified sectors to cut import, promote domestic manufacturing: Goyal

Goyal said that Covid-19 pandemic has taught a big lesson that over-dependence on certain geographies can cause a lot of difficulties in the time of stress.

Commerce and Industry Minister Piyush Goyal on Monday said certain sectors have been identified where there is a huge potential for India to cut its import dependence, boost exports and promote domestic manufacturing.

He said that on 12 sectors -- food processing; organic farming; iron; aluminium and copper; agrochemicals; electronics; industrial machinery; furniture; leather and shoes; auto parts; textiles; and coveralls, masks, sanitisers and ventilators -- work have been moving at a faster pace.

The minister added that Covid-19 pandemic has taught a big lesson that over-dependence on certain geographies can cause a lot of difficulties in the time of