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Union Minister of Commerce and Industry, Piyush Goyal has said that innovation, deep technologies, skilled manpower, startups, MSMEs and an enabling policy environment that encourages enterprise and investment, will drive India's future growth, backed by globally competitive manufacturing, good manufacturing practices and uncompromising quality standards across sectors. According to Goyal, emerging and deep technologies, including artificial intelligence, semiconductors, quantum computing, biotechnology, robotics and advanced materials, will define the next frontier of industrial growth and strengthen India's industrial capabilities.

Besides, he said the Government is committed to strengthening startups, promoting MSMEs, encouraging deep technology innovation and expanding skill development initiatives. He emphasized that skill development cannot be a government-led effort alone and must become an industry-led movement, while the Government will continue improving ease of doing business and creating an enabling ecosystem in which enterprises can grow and compete globally.

Goyal urged Indian industry to pursue excellence by aiming for perfection and making the ‘Made in India’ label synonymous with global respect and uncompromising quality. He appealed to industry to reinvest earnings in research and development, innovation, skill development, education and nation building. He also urged businesses to leverage India's Free Trade Agreements to expand their global market share and called upon industry to invest boldly in deep technologies, including artificial intelligence, quantum computing, biotechnology and the space sector, while continuously innovating within their own businesses.