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Sector Update
For investment, growth and international outreach opportunities, focus should be on quality, innovation and talent of the people: Piyush Goyal
May 24, 2023 ( Press Release )

For investment, growth and international outreach opportunities, focus should be on quality, innovation and talent of the people: Piyush Goyal

“This is a New India, an India that engages with the world, from a position of strength and with full confidence. We believe in our abilities and capabilities. We can take on any challenge on Earth. That is the India we represent today,” stated Shri Piyush Goyal, Minister of Commerce & Industry; Textiles, Consumer Affairs; Food & Public Distribution, Government of India while addressing the Opening Plenary Session of the CII Annual Session 2023, being held on 24 & 25 May 2023 in New Delhi.

Hon’ble Minister added that for investment, growth and international outreach opportunities, focus should be on quality, innovation and talent of the people.

He also mentioned that CII represents the face of a compelling India, which is today looked upon as a bright spot in the world.

“The free trade agreements are a two-way traffic in the new India, with negotiations underway with UK, Canada, the European Union and the four EFTA countries”, he further stated.

Hon’ble Minister stressed that India's democracy, people's talent, and our managerial skills are displayed over the world. The grit & sheer determination coupled with the aspiration of 140 crores Indians is what is going to power the future of India and make India a truly global power to reckon with.

Mr Sanjiv Bajaj, President, Confederation of Indian Industry said that “the Government and Industry must partner by creating facilitative policy frameworks that promote ease of doing business, innovation, entrepreneurship and job creation, and also lower the cost of doing business. The Government should partner with industry for R&D, technology and innovation, including emerging technologies, for societal welfare and enhancing productivity.  We must work on internationalization of Indian industry by enhancing competitiveness, ensuring adequate infrastructure and finance for exports, and overseas investments”.

The Opening Plenary was also attended by Mr R Dinesh, President Designate, Confederation of Indian Industry, Mr Sanjiv Puri, Vice President, Confederation of Indian Industry and Mr Chandrajit Banerjee, Director General, Confederation of Indian Industry.

 

24 May 2023

New Delhi

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