India Means Opportunities: Goyal Tells Stanford Students

NEW DELHI | Updated: 07 September, 2022 3:02 pm IST
Union minister Piyush Goyal is on a visit to the United States.

Not just this decade but this century is of India, Union commerce minister Piyush Goyal told students at Stanford University in the US while highlighting India’s rapid transformation in the last few years.

Speaking to a group of students at Stanford Graduate School of Business in San Francisco, Goyal said India means opportunities.

“In the last few years India has been rapidly transforming, growing its economy, improving its systems, engaging with technology and learning from the best in the world,” he said.

Lauding the rapid development in all sectors, the minister underlined that the Modi government strives to ensure that every citizen of the country has the right to good quality of life and a bright future.

He said, “The last few years have been well spent by India in creating the foundation in which the country can rapidly transform, grow its economy, improve its systems, engage with technology and learn from the best in the world.”

Inviting the US business community to invest in India, Goyal said that New Delhi aspires to take its international trade volume to USD 2 trillion in 2030 from the present USD 675 billion.

India would become a USD 30 trillion economy by the time it celebrates its 100th independence anniversary, said stated, drawing an investor-friendly picture in India.

Informing the audience about the booming startup market in India, the minister said that the New Education Policy (NEP) is giving a fillip to liberal education and looking at deeper collaborations with the best schools in the world.

He further said that PM Narendra Modi has articulated his vision and plans for India’s future which are based on some sound management principles.

Goyal also informed the students and faculty members about the LED light manufacturing revolution in India. “In 2014, the PM placed great focus on energy conservation to ensure sustainability, to reduce the burden of our investments into the power sector and to reduce energy bills of the common man and launched an LED lighting program in 2015,” he added.

Underlining the “incredible opportunities” offered by India to the world, he invited the students of Stanford to engage with New India and work with a billion-plus people with great aspirations.

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