Top ten key takeaways from Santosh Kumar Sarangi
The special interactive session from DGFT at the IGJS 2024 Key insights from the exclusive interactive session featuring Santosh Kumar Sarangi, DG, Director General of Foreign Trade (DGFT) at the Ministry of Commerce & Industry, Government of India. Here is the top ten key takeaways! 1: India stands as one of the largest buyers of gold globally, showcasing considerable buying power that can potentially influence the streamlining of gold prices and availability. 2: Recognising the fragmented nature of gold demand in India, spanning from small to large jewellers and varying from kilograms to tons, there's a pressing need for streamlining. 3: India currently holds the position of the 4th largest exporter. With immense potential, the aim should be to become the foremost exporter globally. 4: Drawing a parallel with Switzerland, we need champions in India investing in creative designs catering to Western tastes. 5: Collaboration between the Department of Commerce