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Key Points

Commerce Minister Piyush Goyal emphasized that sustainability directly enhances India's competitiveness on the global stage. He criticized certain countries for abandoning their sustainability commitments while reaffirming India's dedication to its environmental goals. Goyal highlighted past infrastructure achievements including creating a unified national power grid that enables seamless energy distribution. The minister also stressed the importance of self-reliant manufacturing and noted India's unique advantage in providing affordable renewable energy.

Key Points: Piyush Goyal Says Sustainable Pathway Boosts India Competitiveness

  • Goyal criticizes countries abandoning sustainability agenda for short-term gains
  • Highlights India's massive investments in national power grid infrastructure
  • Urges self-reliant manufacturing to strengthen Make in India initiative
  • Points to affordable renewable energy as India's unique competitive advantage
2 min read

Competitiveness will only get better with sustainable pathway: Piyush Goyal at CII Sustainability Summit

Commerce Minister Piyush Goyal at CII Summit emphasizes India's commitment to sustainability goals as key to enhancing national competitiveness and trade transformation.

"We believe our competitiveness will only get better with a sustainable pathway... - Piyush Goyal"

New Delhi, September 2

Union Minister of Commerce and Industry Piyush Goyal on Tuesday emphasised that competitiveness would only improve with a sustainable pathway as India continues to remain committed to its sustainability goals.

The Union Minister was addressing the gathering at the 'CII Sustainability Summit' held in the national capital. The summit was organised on the topic 'Competitive & Sustainable: Pillars of India's Trade Transformation'.

Speaking at the summit on the subject of sustainability, Goyal said, "It is unfortunate that certain important players, certain important countries, have chosen to forego the agenda of sustainability...India continues to remain committed to our sustainability goals. We believe our competitiveness will only get better with a sustainable pathway..."

He recalled his role as Minister of Power and the work done to improve the transmission infrastructure. "I remember the first three years itself, we put such massive investments into the transmission infrastructure, and we focused our energies to make India's entire grid and interconnected national grid, one nation, one grid, so that power would flow seamlessly."

The Union Minister further urged for self-reliant manufacturing so that 'Make in India' products help the country in this journey. "We are not a mercy of any country...Our supply chains are still there...that is the Strength of India," he added.

Reacting to the subject of sustainability, Goyal said that there is no comparable power available anywhere in the world at this price, which is renewable round the clock, including eight hours.

Earlier on August 31, the Union Minister expressed optimism that under Prime Minister Narendra Modi's vision, India would not only achieve the target of becoming the third-largest economy within the next three years but also transform into a "self-confident developed India" by 2047, fulfilling the government's long-term resolution.

"It shows what potential India has, how strong India's economy is, how fast India is progressing, how the work of ending poverty is being done successfully in India and how in the coming years India will become the third largest economy of the world by 2027 and a self-confident developed India by 2047, we will fulfill the Prime Minister's resolution of 2047," he said.

- ANI

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Reader Comments

P
Priya S
One nation one grid was such a visionary project! Remember the power cuts we used to have? Now even remote villages have reliable electricity. Sustainable development in action! 💡
M
Michael C
As someone working in manufacturing, I appreciate the focus on self-reliant supply chains. Too many countries are dependent on others - India's approach makes strategic sense for long-term stability.
A
Ananya R
While the vision is good, implementation at ground level needs more attention. Many small industries still struggle with compliance costs for sustainability measures. Hope the government provides better support systems.
S
Siddharth J
From third largest economy by 2027 to developed nation by 2047 - ambitious but achievable if we maintain this focus on sustainable infrastructure. The transmission grid work has been particularly impressive!
N
Nisha Z
Make in India + sustainability = perfect combination for global competitiveness. Other countries are realizing this too late while India is already ahead in the game. Proud moment! ✨

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