New Delhi, Oct. 29 -- Commerce and Industry Minister Piyush Goyal highlighted quality, economies of scale, global market access and industry-academia collaboration as key areas for India's industrial transformation while addressing the Fourth National Conference on India's Industrial Transformation, organised by ISID and IDRA.

Goyal said nine free trade and bilateral trade agreements concluded by the government had opened preferential market opportunities in economies with a combined GDP of USD 60 trillion, compared with USD 10 trillion covered by agreements concluded before 2014.

He said the agreements covered goods, services, investment, technology and skill development while seeking to protect sensitive domestic sectors. Referring to...