According to Piyush Goyal, Minister of Commerce and Industry, India is on track to become a $30 trillion economy in the next 30 years by its robust GDP growth. During the Luncheon interaction with the Institute of Chartered Accountants of India (ICAI), he said, "India has undergone game-changing economic reforms. There is renewed enthusiasm to expand the frontiers of economic activity. Growth rates in India suggest we are on course to become a $30 trillion economy in 30 years.” The Union Minister is on an official visit to the United States where he will attend the first Indo-Pacific Economic Framework (IPEF) ministerial meeting.