Shri PiyushGoyal said quality was the most important priority, reiterating the Prime Minister’s “Zero Defect, Zero Effect”.
Union Minister of Commerce and Industry, Shri Piyush Goyal has said that India’s industrial transformation must be driven by quality, economies of scale, global market access and inclusivity, with innovation emerging from collaboration among the government, private sector and academia. Addressing the Fourth National Conference on India’s Industrial Transformation, organised by the ISID and IDRA, he said India must aim to become a globally recognised manufacturing nation.
Shri Goyal said quality was the most important priority, reiterating Prime Minister Shri Narendra Modi’s emphasis on “Zero Defect, Zero Effect”.
He said the nine free trade and bilateral trade agreements concluded by the Government had opened up preferential market opportunities in economies with an aggregate GDP of USD 60 trillion, compared with USD 10 trillion covered by agreements concluded before 2014.
Referring to the India-US trade deal negotiations, Shri Goyal expressed confidence that when the details are released, the people of India will recognise that the sensitive interests of farmers and other stakeholders have not been compromised and that India will be placed at a strong comparative advantage.
Source: Press Information Bureau
