Indicators show that India will bounce back to high growth levels:Goyal

Indicators like positive growth in the country's exports in September and increase in GST collections show that India will bounce back to high growth levels, Commerce and Industry Minister Piyush Goyal said on Saturday The world now looks towards India as a trusted, reliable partner in the global supply chain, he said. He also said that it is the collective effort of industry and the government that has helped in coming back to the recovery phase.

Indicators like positive growth in the country's exports in September and increase in GST collections show that India will bounce back to high growth levels, Commerce and Industry Minister Piyush Goyal said on Saturday

The world now looks towards India as a trusted, reliable partner in the global supply chain, he said. The merchandise exports in September this year has recorded a growth of 5 percent year-on-year, GST collections are up by 4 percent over the corresponding period, and railway carried 15 percent more freight, he said. The indicators show that "India will once again bounce back to high growth levels which is truly our destiny," he added

The minister was addressing representatives of the Hindustan Chamber of Commerce. He also said that it is the collective effort of industry and the government that has helped in coming back to the recovery phase.