Commerce Min Goyal at ICC session: Industry, Govt must partner to achieve $5 Tn economy by 2025

New Delhi: The Union Minister of Commerce & Industry, Piyush Goyal, addressed Indian Chamber of Commerce’s Annual Plenary Session via video conferencing on Tuesday, 15th December. According to a press communication from the Ministry of Commerce & Industry, Commerce Minister Piyush Goyal acknowledged in his address the important role played by the Indian Chamber of Commerce (ICC) to tide over the Covid-19 pandemic related hardships, to ensure orderly handling of the pandemic and get back to the country’s original agenda of achieving a $5 trillion economy by 2025.

According to the Ministry of Commerce, Commerce Minister Goyal said that Covid should be seen asa an opportunity for all to relook at businesses, processes, way of working, and quality & productivity standards. “This nation is proud of each & every one of you. This nation will always remember the way Indian industry rose to the occasion, the way it expanded capacities to start manufacturing PPEs, masks, and ventilators in India,” he added.

“Today, the world is looking upon India as a trusted partner. The world is wanting a resilient global supply chain & it is our duty to take this opportunity, make ‘Aatmarnirbhar Bharat’ our mantra, inspiration & goal,” said the Commerce Minister. “We must leverage our millions of skilled young boys & girls to become the factory of the world, just like we are today recognised as the pharmacy of the world. Industry & Government have to partner to ensure that we reach our $5 trillion target by 2025,” Minister Goyal added.

As per the Commerce Ministry, the Commerce Minister asked industry leaders that when we celebrate 100 years of independence in 2047, can we not all resolve to be the number one economy of the world. People-centric policies, positive outlook, and pro-active action that Prime Minister Narendra Modi has demonstrated, both for a better life for the poor and to encourage honest business practices, can ensure sustainable development and lead us to transformation, said Commerce Minister Goyal.

The Minister concluded, “Let us all work to ensure that we can meet the needs of 135 crore Indians, needs for good quality healthcare, good education, and a decent life.”


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The ID Staff

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