Union Textiles, Commerce & Industry Minister Piyush Goyal has said that Production Linked Incentive (PLI) schemes will be taken up by business leaders to improve India’s capacity and capability and the Government is also pursuing FTAs with like-minded nations who share India’s values of democracy, transparency and rule of law.
Virtually addressing the Confederation of Indian Industry’s (CII) annual summit’s special session on ‘Synergy between the Government and Business for sustainable growth’, the Minister said that the aim is to make ‘Brand India’ a flag bearer of quality, productivity, talent and innovation.
He added the world is looking towards India for investment, innovation or establishment of any industry and India at 75 is becoming a hub for IDEAS (investment, demand, exports, aspirations and start-ups.)
“Post Covid, India will emerge as the driving force on the global stage and the speed,” he said.
He called upon the industry to take a leading hand in the vaccination drive to strengthen the synergy between businesses and Government.
In his concluding remarks, he said that the services sector drives on the back of manufacturing sector. For the country size and scale of India, the manufacturing sector is a key player. He appealed to the industry to engage with the Government in supporting efforts to skilling India.
