Read Time:1 Minute, 29 Second
New Delhi, September 29, 2024: Union Minister of Commerce and Industry Piyush Goyal today urged the Indian industry to focus on prioritizing the production of high-quality goods to promote Brand India through sustainable practices in line with Prime Minister’s vision of Make in India with “Zero Effect; Zero Defect”.
Marking a decade of the transformative “Make in India” initiative, Goyal said this while engaging with the CEOs of over 140 PLI beneficiary companies in an interactive session, celebrating their achievements under the Production Linked Incentive (PLI) Scheme.
Goyal urged the CEOs to focus on increasing domestic value addition in their products to make India self-reliant. He also urged the industry to support domestic manufacturers in this regard.
During the three hour long interaction, CEOs of beneficiary companies shared their perspectives on the PLI Schemes, offering valuable insights into their experiences, success stories, and suggestions for improving the schemes’ effectiveness and streamlining implementation.
The discussion provided a productive platform for open communication between industry stakeholders and the Government.
He also sought feedback from industry leaders on decriminalization/ liberalization of laws to promote ease of doing business.
Goyal encouraged continued dialogue between industry leaders and the government through implementing Ministries/Departments and respective PMAs in coordination with DPIIT, emphasizing the importance of policy support and creating an enabling environment for future growth.
He mentioned that the industry stakeholders may approach Invest India, National Investment Promotion and Facilitation Agency, to facilitate technology transfer & foreign collaborations.
