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Calling for renewed investments in infrastructure, manufacturing, innovation, R&D and quality, Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal has said that the government, over the next two or three years, is expected to significantly ramp up focus on quality by bringing in reasonably strict and compulsory but practical quality standards on many more products so that Indian manufacturing is able to withstand irrational competition, increase the scale of production and become more competitive.

Commerce and Industry Minister also asked manufacturers, FMCG providers and the consumers to work collectively to revive Indian domestic manufacturing at scale, with high quality and at competitive prices, so that India once again provides a large amount of jobs, work opportunities, business opportunities, and meets the aspirations of 1.4 billion people.

The Minister opined that the FMCG sector will truly be a driver of economic growth and that moving forward, India will be an important consumer market. He called for the creation and strengthening of a virtuous circle with massive amounts of investment and focus both on the public sector and the private sector to create the necessary building blocks or infrastructure to help the Indian economy grow rapidly.