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Piyush Goyal: ‘India Could Become A $30 Trillion Economy In The Next 22 Years’

Piyush Goyal: ‘India Could Become A $30 Trillion Economy In The Next 22 Years’

Business Today
Business Today
  • New Delhi,
  • Oct 27, 2026,
  • Updated Oct 27, 2026, 3:03 PM IST

Union Commerce and Industry Minister Piyush Goyal has highlighted India’s economic strengths, pointing to its 1.4 billion population, expanding middle class, technology talent and growth potential. Speaking in The Hague, Netherlands, Goyal said India could grow from a $4 trillion economy to $30 trillion over the next 22 years. He also highlighted expanding global market access through trade agreements, saying preferential access could cover $85 trillion worth of economies within the next 12 to 18 months. According to Goyal, this could represent 76% of global GDP, creating significant opportunities for Indian goods and services worldwide.