NEW DELHI: In a recent address at the Federation of Indian Chambers of Commerce and Industry (FICCI) 97th Annual General Meeting, Commerce and Industry Minister Piyush Goyal highlighted the importance of raising quality standards across Indian industries. Goyal urged businesses to tap into their technical committees and appoint representatives to ensure robust quality checks and standards, emphasizing that this effort will establish India as a trusted global partner and provider of quality goods, paving the way for a “Viksit Bharat.”
The Minister also called on industry leaders to collaborate with the government to reduce compliance burdens and decriminalize laws that hinder business growth. This, he explained, will improve India’s ease of doing business, creating a more conducive environment for industrial growth and investment. Additionally, he stressed the need to utilize the Rs 1 lakh crore allocated to the Anusandhan National Research Foundation (ANRF) to foster innovation and establish a research-driven ecosystem in India.
Amardeep Singh Bhatia, DPIIT Secretary, also spoke at the event, announcing plans to establish more industrial parks in Tier-II and Tier-III cities, with a framework for this expected by the end of the year. The government has already invested in 11 industrial corridors, which include the development of 20 smart industrial townships and several sector-specific parks. Furthermore, the PLI scheme, which has attracted investments worth Rs 1.46 lakh crore, has contributed significantly to technological advancements and is expected to further bolster India’s manufacturing sector.
Bhatia also highlighted the success of India’s relaxed FDI policy and the government’s focus on encouraging deep-tech startups, with over 1.53 lakh startups now registered under the Startup India initiative.
As India aims to become a manufacturing powerhouse, the call for improved quality standards, technological collaboration, and innovation-driven growth remains critical to achieving long-term industrial success.
Web Team, C6N
