PIYUSH GOYAL: TRANSFORMATIONS IN NAVIGATING INTERNATIONAL TRADE RELATIONSHIPS

In a world shaped by geopolitical conflicts, trade disputes, and shifting power structures, trust has become the foundation of economic collaborations, policy initiatives, investment choices, and sustainable development.

- BY ROOPALATHA H, CORRESPONDENT

As nations reevaluate their trade strategies and prioritize their national interests, the global economy is undergoing a notable reconfiguration. Within this framework, the 'India First' philosophy directs our country, deeply anchored in its national interests, while actively engaging on the global stage. India, establishing itself as a stabilizing influence, is characterized not only by its vastness and rapid development but also by its strength and reliability. At the CII Annual Business Summit 2025, Piyush Goyal, India's Minister of Industry and Supply, expressed the transformation India has experienced since 2014 and outlined the future growth drivers, competitiveness, and potential for global integration.

Factors Boosting GDP Growth and the Stock Market

CII (The Confederation of Indian Industry) has been crucial in our efforts to not only enhance the skills of individuals but also support MSMEs and industry in grasping the necessary regulatory framework. They have also assisted us in evaluating its impact on businesses, employment, and the skilling or reskilling needs of our workforce, as well as the retraining obligations many organizations will face. This support will contribute to the responsible development of artificial intelligence and facilitate the adoption of technologies that optimize efficiency and effectiveness for the benefit of the Indian population.