Focus on improving Quality & Productivity: Piyush Goyal

05 December 2020: Interacting with the Office bearers of various industry associations, Union Commerce and Industry Minister Piyush Goyal called upon the Indian industry to focus on improving Quality and Productivity. He urged the associations to reserve few days next month, to do brainstorming on these aspects so that the Country starts getting recognition as high quality, efficient manufacturer, trader and service-provider. The Minister said that this could be done sectoraly or regionally, so that there is knowledge sharing among the stakeholders, and these two aspects are focussed.

Goyal said that the results of the second quarter of major companies show that profitability of most of them has gone up, indicating that the Indian industry has utilized the Covid period to do the belt-tightening, improve the product-mix, and focus on quality and productivity.

He said that the Indian industry has shown resilience and confidence during the difficult times, which has helped the country fight the pandemic. He said that the economy is showing strong signals of comeback, and even in the international arena, India’s reputation has gone by several notches and it is being seen as a trusted partner.

The Minister said that the ecosystem will change, and India will be able to engage with the world from the position of strength and in equitable terms.

The meeting with the industry associations is part of the series of consultations held by the Minister with them since the outbreak of Covid-19 pandemic.