India, May 12 -- Union Commerce and Industry Minister Piyush Goyal on Tuesday said the Indian economy has continued to demonstrate resilience despite global geopolitical and economic uncertainties, backed by strong macroeconomic fundamentals and growing global confidence in India.
Addressing the Confederation of Indian Industry (CII) Annual Business Summit in New Delhi, the minister said India remains the world's fastest-growing large economy and currently holds nearly 11 months of import cover in foreign exchange reserves. He also said India is set to achieve a record export figure of nearly USD 863 billion this year.
Highlighting India's ability to overcome crises, Goyal said the country has consistently emerged stronger during difficul...