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Piyush Goyal Meets Entrepreneurs: Driving India's Viksit Bharat 2047 Vision

Commerce Minister Piyush Goyal held productive discussions with entrepreneurs about achieving the Viksit Bharat 2047 vision. He emphasized creating a transparent and innovation-driven ecosystem to attract long-term investments. The minister also launched the Trade Intelligence and Analytics Portal to help smaller businesses access crucial trade data. This initiative aims to support trade diversification and help exporters better utilize free trade agreements.

Key Points: Piyush Goyal Discusses Viksit Bharat Vision with Entrepreneurs

  • Minister discussed policy stability and regulatory clarity to boost investments
  • Launched Trade Intelligence Portal to help exporters and MSMEs
  • Portal provides trade data previously available only to large enterprises
  • Focused on enhancing India's position as global investment destination
2 min read

Piyush Goyal meets entrepreneurs, discusses shared vision of Viksit Bharat at 2047

Commerce Minister Piyush Goyal engages with entrepreneurs on Viksit Bharat 2047, policy stability, and launches new Trade Intelligence Portal for exporters and MSMEs.

"We exchanged ideas on how each stakeholder can contribute towards driving growth, innovation, and our shared vision of a Viksit Bharat 2047 - Piyush Goyal"

New Delhi, Nov 19

Commerce and Industry Minister Piyush Goyal on Wednesday said he held a productive interaction with entrepreneurs and discussed the shared vision of 'Viksit Bharat at 2047'.

In an X post, Goyal said that “we exchanged ideas on how each stakeholder can contribute towards driving growth, innovation, and our shared vision of a Viksit Bharat 2047”.

He earlier had an insightful interaction with investors and industry participants at Bharat Mandapam on improving Ease of Doing Business and boosting investments.

“Discussed continuity of policy stability, greater regulatory clarity and faster digital approvals to further enhance the investment climate. Reiterated India's commitment to a transparent, predictable and innovation-driven ecosystem that supports long-term capital and strengthens our position as a leading global investment destination,” the minister highlighted.

On Tuesday, Goyal launched the Trade Intelligence and Analytics (TIA) Portal to open up new insights for exporters, importers, startups, and MSMEs, with additional trade data being made available to all stakeholders. Smaller businesses, even in the remotest regions, will now have access to data that was previously available only to larger enterprises.

The minister highlighted that there are huge opportunities in the global services sector that will now be accessible to all. He also noted that the portal will help exporters better utilise the country’s Free Trade Agreements. Goyal said the Ministry of Commerce has put in significant effort to develop this platform. He said the portal has the potential to support trade diversification, expand India’s trade basket to newer areas and newer products, and help recognise lost opportunities.

The Trade Data Analytics Portal is a cost-effective, open-source solution that prioritises accessibility, scalability, and user-centric design. With no software licensing costs and only minimal server infrastructure expenses, it offers a sustainable model for long-term deployment.

—IANS

- IANS

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Reader Comments

R
Rohit P
Policy stability and digital approvals are crucial for attracting long-term investments. Hope these discussions translate into actual implementation on ground. The vision for 2047 is ambitious but achievable if we maintain this momentum.
M
Michael C
As an investor looking at Indian markets, the emphasis on transparent and predictable ecosystem is encouraging. The cost-effective approach to the analytics portal shows smart governance. Looking forward to seeing how this develops.
A
Ananya R
While the initiatives sound good, I hope the government ensures that these digital platforms are actually user-friendly for people in tier 2-3 cities. Sometimes the implementation doesn't match the vision. Still, a step in right direction.
S
Siddharth J
Viksit Bharat 2047 is not just a slogan but needs collective effort from all stakeholders. Good to see government engaging with entrepreneurs directly. The focus on innovation and ease of doing business will definitely boost our startup ecosystem! 🚀
K
Kavya N
The trade portal helping utilize FTAs better is a game-changer! Many small exporters don't understand how to benefit from these agreements. This could significantly boost our exports if implemented well. Jai Hind! 🇮🇳

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