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Union Minister Piyush Goyal asserts on utilisation of PLIs to strengthen MSME ecosystem

Updated: Sep 21, 2022 07:12:44am
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Union Minister Piyush Goyal asserts on utilisation of PLIs to strengthen MSME ecosystem

New Delhi, Sept 21 (KNN) Union Minister of Commerce and Industry, Piyush Goyal said on Tuesday that we must utilise PLIs to strengthen MSME ecosystem and focus on green energy, reducing emissions, generating consciousness about cleanliness and other SDG Goals.

This will contribute towards a better future for our children, said the minster while addressing the Special Plenary Session at FICCI LEADS 2022 program in New Delhi.

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He urged the Industry to focus on five Key areas in the Manufacturing sector - Standards or Quality, Durability, Design, Price & Sustainability and align them to the international standards.

“We must adopt new technologies like IoT, AI and Machine Learning and look at upskilling and retraining our workforce to be able to meet the needs of Industry 4.0,” he added.

Speaking on the importance of world trade, he said that we must acknowledge that we need to engage with the world to develop.


Referring to the theme of the event, ‘Excellence in Manufacturing’ he observed that Excellence in manufacturing is not new to India.

He said that although there is no sector in which India does not have high quality manufacturing, we as a society still live in two worlds - one which is highly quality conscious and another which is still not sensitized to the value of high quality.

The Minister said we need to change this mindset of two quality standards for domestic and international markets and must not compromise with quality.

He said that FICCI can play an important role in taking the message of quality to the MSME sector through their partnership with other associations across the country.  (KNN Bureau)

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