By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Latest World News UpdateLatest World News UpdateLatest World News Update
Notification Show More
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
Reading: Piyush Goyal emphasizes quality as key to India’s global competitiveness – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Piyush Goyal emphasizes quality as key to India’s global competitiveness – World News Network
Business

Piyush Goyal emphasizes quality as key to India’s global competitiveness – World News Network

worldnewsnetwork
Last updated: October 16, 2024 12:00 am
worldnewsnetwork
Share
4 Min Read
SHARE

New Delhi (India), October 16 (ANI): Union Commerce Minister Piyush Goyal on Wednesday stressed the need to manufacture high-quality products, saying without this approach it is going to be very difficult to make India truly competitive.
He was delivering a keynote speech at the Indian Foundation for Quality Management (IFQM) symposium. Goyal emphasized that prioritizing quality would not only meet domestic demands but also position India to serve global markets.
“It will impact our ability to create jobs, expand economic activity, and sustain India’s economic growth,” he added. Goyal urged industry leaders to embrace quality as a long-term movement, stressing that for India to become a globally recognized brand, its products and services must be synonymous with quality.
In his address, Goyal acknowledged the challenges India faces in adopting quality standards, particularly in the face of initial resistance when introducing quality control orders. However, he underscored that overcoming this opposition is critical for India’s economic future.
“If we truly want to make quality a sustainable movement over the next 20-25 years, and without that, it’s going to be very difficult to make India truly competitive,” he said. “India will have to aspire to be recognized in the world as a brand, a product made in India, a service provided from India. If it can be recognized across the world that if it’s coming from India, it has to be good quality, that’s when we will truly be competitive globally.”
Goyal stressed that a shift in mindset is necessary to drive a quality-centric approach across sectors. “The root cause is our thinking, the mindset of the nation,” he remarked, pointing out that those organizations that embraced quality saw a significant transformation in their growth and profitability, while others that ignored it remained peripheral players in the industry.
He shared statistics demonstrating the government’s efforts to push for higher quality standards. “In the last 10 years, we have expanded from 14 quality control orders covering 106 products to 174 covering 732 products,” Goyal stated, emphasizing the push for industries to align with these standards despite initial resistance.
Citing the toy industry as an example, Goyal revealed the opposition the government faced when implementing quality control measures. However, he shared a success story of a small toy manufacturer who, after adopting quality standards, shifted from importing low-cost toys to becoming a successful exporter.
“That is the impact quality can have on Indian industry, our ability to create jobs, and sustain India’s economic growth,” Goyal said.
The minister urged industry leaders to collaborate with the government to extend quality practices to small and medium enterprises (SMEs).
“It’s for the large industry to handhold 300 to 400 small players and upgrade their facilities and processes to meet global standards,” he explained.
During his address, Goyal also paid tribute to Ratan Tata, who passed away recently. He praised his leadership in creating an international conglomerate that boosted India’s global image.
Goyal noted that Tata’s legacy showcased India’s capability to make a global impact and serve as a lesson in leadership for industry professionals. (ANI)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

Navi Mumbai airport to be inaugurated in April, commercial operations second half of May: Adani Airports CEO – World News Network

“Go for growth”, “shun protectionism”: Uday Kotak lists out musings ahead of New Year – World News Network

“Go for growth”, “shun protectionism”: Uday Kotak lists out musings ahead of New Year – World News Network

Indian manufacturers see technology adoption as key to profitability, yet allocate less than 10% of budgets – World News Network

Indian manufacturers see technology adoption as key to profitability, yet allocate less than 10% of budgets – World News Network

Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Congress appoints Ghulam Ahmad Mir as new CLP leader in J-K – World News Network
Next Article Omar Abdullah takes oath as J-K CM, lays thrust on serving people – World News Network
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

- Advertisement -

Latest News

BGT1 2024-25: Bumrah overtakes Kapil Dev to reach stunning milestone on Australian soil – World News Network
Sports December 29, 2024
Jazirah Aviation Club light plane crashes, killing two – World News Network
World December 29, 2024
Jordan condemns incursions into Al Aqsa Mosque, holds Israel responsible – World News Network
World December 29, 2024
UAE expresses solidarity with Korea, conveys condolences over plane crash victims – World News Network
World December 29, 2024

Sports

“Another star on the horizon”: Syed Kirmani on Nitish Kumar Reddy – World News Network
Sports
India’s 2021 Gabba chase irrelevant: Labuschagne says heading into final day of Boxing Day Test – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

“A 5 year gap or more is fairly common in sequels”, James Gunn defends ‘Batman 2’ delay – World News Network
Entertainment
“We are proud of him” actor Sonu Sood pays tribute to former PM Manmohan Singh after his demise – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Follow US
Copyright © 2023 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?