“India is on the rise as by no means earlier than,” Jagdeep Dhankar stated.(File)

New Delhi:

India is rising at a sooner tempo and it has turn into essentially the most most popular vacation spot for investments and alternatives on this planet, Vice President Jagdeep Dhankhar stated as we speak.

Just lately, India has surpassed its colonial masters and has turn into the fifth-largest financial system on this planet, he stated. The Vice President additionally exuded confidence that India will turn into the third-largest financial system on the worldwide horizon by the top of the last decade.

“India is on the rise as by no means earlier than. The rise of India is unstoppable, and we’re essentially the most favoured vacation spot globally for investments and alternatives,” he stated right here on the Nationwide Handicrafts Award ceremony.

The handicraft sector holds an enormous potential for development, significantly within the rural and semi-urban areas, he famous.

Jagdeep Dhankhar additionally urged that professionals from IITs (Indian Institutes of Know-how) and IIMs (Indian Institutes of Administration) will help the business in selling its development and branding of merchandise.

Branding is vital to fetch good costs, he stated, including it is just the handicraft sector the place enormous worth addition is feasible.

As India will get the G20 presidency from December 1, it is going to additionally give a chance to showcase handicraft objects to the world.

Not like many different sectors, this business requires much less capital and sources, and it helps create enormous job alternatives and foreign exchange earnings.

(Apart from the headline, this story has not been edited by NDTV workers and is revealed from a syndicated feed.)

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