India can help reduce cost of Healthcare in the Caribbean says Minister

By Admin. Updated 9:00 a.m., Tuesday, February 20, 2024, Atlantic Standard Time (GMT-4).

St Vincent and the Grenadines and the Republic of India continue to build relations, there is potential for trade and investment within India’ s many industries.

According to a press release today, (February 20th) from the Agency for Public Information, India’s Minister of Commerce and Trade Piyush Goyal said, India is open to trading on different levels with its Caribbean and Latin American counterparts.

India is the 5th largest economy in the world with 1.4 billion people.

The Minister said, areas such as textile, energy and pharmaceuticals are some immediate areas of trade collaboration and investment, the press release stated.

” Trading relations between us can be huge, pharmaceutical is a low hanging fruit, India’s pharmaceutical can reduce cost of healthcare…we have the best of medicines, quality products which take care of 1.4 billion people. We can help you with textiles in a big way so that all these products you depend on from countries with high prices, we can help conserve your resources,”

The Minister was speaking with journalists from Latin America and the Caribbean in New Delhi today, the press release stated.