Goyal pitches India as global trade hub, eyes 75-80% of world economy

India is building a network of free trade relationships that could eventually cover nearly 75-80 per cent of the world's economies, commerce and industry minister Piyush Goyal said in Chicago, pitching the country as an expanding base for global trade and investment.Addressing an event organised by the US Indian Community Foundation, Goyal said India had significantly expanded the scale of its trade negotiations in recent years, with another six to eight talks underway.Goyal said India's free trade agreements before 2014 covered economies representing about $10 trillion in GDP."In the last 4-4.5 years, we have decided to make free trade agreements with 31 developed and developing countries."The economies covered by the newer agreements represented about $60 trillion in GDP, he said."Some have been. Some will be in the next 6-8 months.