Piyush Goyal said India saw a "$50 billion" opportunity for exporters due to ongoing global trade wars

The government is working with the Reserve Bank of India as well as private banks to reduce lending rates for exporters, the country's trade minister said on Friday.

Piyush Goyal also told a press conference India saw a "$50 billion" opportunity for exporters, due to ongoing global trade wars, without specifying a time period.