New Delhi, Jan 18 (KNN) To address the various concerns of rubber sector, the government is developing a National Rubber Policy, said Suresh Prabhu, Union minister for Commerce and Industry.

He made the above announcement at the inaugural function of the 10th edition of the India Rubber Expo 2019.

He said that the policy by the commerce and industry ministry will address issues that will boost productivity.

The rubber industry will continue to grow faster, create more employment opportunities, increase exports and add to the economic output of India, he added.

Stating that India will become a 5 trillion dollar economy in the next few years, Prabhu said the share of manufacturing sector is expected to add 20 per cent to this and the rubber industry can make a significant contribution to this.

Besides, the government is working towards entering into free trade agreements with Africa and Latin America, where the first priority is the benefit of Indian industry, he added.