Shri Piyush Goyal to inaugurate IITF

The India International Trade Fair2021 will be inaugurated by the Minister of Commerce & Industry, Shri Piyush Goyal on November 14,2021 at Pragati Maidan, New Delhi.The 40th edition of IITF, a magnum of India Trade Promotion Organization(ITPO), represents India in totality as an ideal destination for numerous business and investment opportunities. This year, the fair assumes a special significance as it coincides with celebrations of ‘AzadiKaAmritMahotsav’- 75 years of India’sIndependence.

The fair is being organised including atthe New Exhibition Complex at Pragati Maidan.  Being an integral component of the ongoing iconic International Exhibition-cum-Convention Centre (IECC) project, the Complex comprises four New Modern Exhibition Halls inaugurated by the Prime Minister Shri Narendra Modi on October 13, 2021.

The Fair focuses on the theme “Aatmanirbhar Bharat”, which aims to promote investment and self-reliance in diverse sectors to meet domestic demand and be a part of the global supply chain eco-system.

The Fair highlights the outstanding performance of Indian entrepreneurs who have shown exemplary commitment to excel despite all odds due to the COVID-19 pandemic.  Importantly, IITF offers an ideal platform to showcase Indian products under the ‘Vocal for Local’ campaign, and infuse renewed confidence and vigour in the Indian economy.

The event will be organised in a safe and secure environment with all COVID protocols in place.

With nearly 3,000 exhibitors from India and abroad, IITF 2021 is being held in a total area of 70,000 sq.mtr. –almost three times that in the previous edition in 2019.  Bihar is the Partner State, while Uttar Pradesh and Jharkhand are the Focus States.

Overseas participation is from Afghanistan, Bangladesh, Bahrain, Kyrgyzstan, Nepal, Sri Lanka, UAE, Tunisia and Turkey.

 As in the past, State Day celebrations, seminars and cultural programmes are among the added attractions to the visitors.

Participation of SARAS, JUTE Manufactures Development Council, Small and Medium Enterprises, Handlooms, Handicrafts, Coir Board, Small Scale Industries, Khadi & Village Industries, Cottage Industries, etc., will display the achievements of traditional sectors in order to reinforce their local strength and global appeal. 

ITPO has made extensive efforts to improve the overall experience for exhibitors and visitors alike.  For instance, ITPO has introduced transparent online system for booking of stalls and other services, online registration for dignitaries during first five days, mobile application for the fair and LED screens for display of information.

Apart from dedicated post office, banks and ATMs, other facilities include: Media Centre, Protocol, registration for business days (first five days only).  Paid parking will be available at BhaironMarg for exhibitors.

During IITF and other events, ITPO encourages proactive steps to make the venue plastic-free and replacing the same with environment friendly substitutes.

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Shri Piyush Goyal inaugurates 250mm Seer Water supply scheme in Kashmir.

Union Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Shri Piyush Goyal concludes his two day visit to Pahalgam as part of the public outreach programme of the central government.

The Union minister inaugurated tourist hut of Pahalgam Development Authority at Golf Course Pahalgam. Shri Goyal also inaugurated Forest Departments Deodar sapling plantation drive being conducted under the banner of Green JK Drive. A total of 1 lakh saplings will be planted as part of the drive. Enquiring about post plantation care for the saplings, the minister was apprised that fencing and other appropriate watch and ward measures are taken.

Addressing a gathering at Pahalgam, the Union minister thanked the people of Kashmir for their participation in the development process and appreciated their dedication towards promotion of tourist activity. He said that the concerted efforts of the government of UT of Jammu and Kashmir towards development have started bearing fruit and investors from rest of the country and abroad are eager to invest in the UT.

The minister discussed developments in the tourism landscape and was happy to observe that there is brisk tourist activity in Pahalgam. He highlighted the need to up the tourist infrastructure to attract more foreign tourists.

The union minister inaugurated 250mm Seer Water supply scheme. The project will benefit around 10000 people and will be completed under the ambit of Jal Jeevan Mission within three months. He appreciated the rapid pace of developmental works and commended the frontline workers for working towards realizing the Prime Minister’s dream of tap water for all households.

Goyal also visited Rahi Shawl Unit located at Akad Park. He interacted with the local artisans and examined various handicrafts like zari, sozni, tapestry, etc. The minister appreciated the intricate work being put up by the artisans. He said that handicrafts of Kashmir tell a symbolic story and the govt is committed to ensure this story reaches all parts of the world.

The Union Minister also visited the Sun temple at Martand. Located atop a hillock, the temple is one of the earliest known sun temples much older than Konark and Modhera.

While appreciating the historical significance of the place, the minister passed directions to the district administration to give wide publicity to the temple and bring it on the tourist map. He also underlined the need to bring other such lesser known historical places on the tourist map.

Principal Secretary, Commerce and Industries, DC Anantnag and other officials of the district administration were present on the occasion. 

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Shri Piyush Goyal calls upon the Indian diaspora in UAE to encourage others to Invest in India

Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Shri Piyush Goyal has called upon the NRIs and Indian diaspora to invest in India unhesitatingly.  Addressing the Indian People’s Forum (IPF) Business Conclave in Dubai today, Shri Goyal said this is the right time for India’s vast expatriate community to invest in their motherland. There is a great  opportunity in extraordinary growth in India.

“Under Prime Minister Modi we are seeing rise in economic indicators despite the pandemic. Merchandise exports in Apr-Sep’21 touched $197.11 bn, recording 23.8% growth over Apr-Sep’19. Manufacturing PMI average improved to 53.8 (Q2) from 51.5 (Q1) while GST collections have hit a 5-month high in September,” he said.

Shri Goyal said the Government has taken many steps to create conducive business environment.

“From red-tapism to laying the red carpet for businesses, India under Prime Minister Modi has come a long way. As a result, India climbed up in Ease of Doing Business ranking from 130 to 63 in just 5 years and also jumped to 46th spot on the Global Innovation Index (GII), a jump of 35 places in last 6 years. Steps in last 7 years helped us nurture world’s 3rd largest startup ecosystem,” said Shri Goyal.

“In the 75 weeks of ‘Azadi Ka Amrit Mahotsav’, we aim at taking the number of unicorns to 75 in the country. Similarly, India received the highest ever FDI inflow of around $ 82 billion in 2020-21 (during peak of pandemic), up 10% over 2019-20 (pre-pandemic time). Total FDI inflow of US$ 22.5 bn during Q1 of current fiscal is 90% higher compared to US$ 11.8 bn during the corresponding period last year,” he added.

Shri Goyal said the visionary leadership of our Prime Minister has catapulted our nation to a higher pedestal in the international community.

“Our ancient wisdom Vasudhaiva Kutumbakam & Sarve Santu Niramaya inspired us to serve the world selflessly and we supplied medicines and vaccines to world,” he said, adding, “I urge you to spread this message and help strengthen our global ties.. Hope the Indian diaspora to contribute in the best possible manner to take Prime Minister Modiji’s great work forward & make the country ‘Vishwaguru’ again.”

Stating that India and the UAE are going to celebrate the 50th anniversary of establishment of diplomatic relationship next year, Shri Goyal said this is a good opportunity to take our ties to the next level.

“We are celebrating ‘Azadi Ka Amrut Mahotsav” to commemorate 75 years of Progressive India & to highlight its glorious history, culture & heritage. Coincidentally, UAE is also celebrating this year as the ‘Year of 50’ to  commemorate the declaration of the Union in 1971. ‘Projects of the 50’ of UAE & Prime Minister’s vision of ‘Aatmanirbhar Bharat’ reflect the statesmanship of our leaders,” he said, adding, “India is focusing on fulfilling its aspirations in next 25 years to celebrate the Centenary of its Independence in a grand way, while UAE leadership is planning their journey for the next 50 years.”

Expressing delight at meeting the Indian community in Dubai, “the City of Gold”, Shri Goyal said, “It is because of you all Dubai is considered as an extended neighbourhood of India, – a 2nd home to our exporters and a prime destination for Indian tourists.”

Shri Goyal underlined that the 3.4 million strong Indian diaspora in the UAE acts as a bridge between the two countries.

“I commend the efforts of Indian People’s Forum (IPF) in connecting the people of Indian origin residing in the region & bringing them on a single platform. By spreading our culture, tradition & values on a far-off foreign land, you are not just NRIs but “cultural ambassadors” of our country,” he said. 

Shri Goyal is in the UAE to inaugurate the India Pavilion at Dubai Expo. The official visit is being seen as major step towards boosting Indo – UAE Strategic Partnership and taking trade and investment between to unprecedented levels. The ongoing Expo is India’s window to the world, An opportunity to showcase India’s capability & potential.

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Shri Piyush Goyal welcomes the world to participate in India’s Golden Growth Story

 At a time when the whole world is coming together to recover from the pandemic and bring growth back on track, a resurgent India is ready to take on the responsibility of being the frontrunner in this revival process, said Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Government of India, Shri Piyush Goyal.

The Minister was inaugurating the India Pavilion at Expo 2020 Dubai, which will showcase India’s vibrant culture, along with the diverse partnership opportunities that the country is capable of offering. 

“The reforms unleashed in the last seven years by the government under the guidance of Honourable Prime Minister Shri Narendra Modi, and especially during the Corona period, are set to boost the country’s manufacturing and exports potential and make India a global economic hub, besides strengthening its capabilities in the technology space. India is already a leading player in the global markets in IT, Pharma and space technology, and with the development of research and innovation capabilities, the country’s prowess in these areas would help reap the benefits of new-age technologies like Artificial Intelligence (AI) and Robotics,” said Shri Goyal. 

He added that the lessons learnt from the pandemic have also emboldened our confidence of surpassing any challenge in future with the help of our scientific and entrepreneurial research and development capabilities — whether it is development of pharma and healthcare products or running of the world’s biggest vaccination program banking on the two indigenously produced vaccines, India has set several examples.

“From here, productivity will play a big role in achieving a sustained high growth phase, that India has already embarked upon, leaving behind the impact of Corona — GDP growth in the first quarter of FY22 at a record 20.1% against the contraction of 24.4% in the same quarter of FY21 is not only signaling a strong revival but also the potential for economic rebound in a big way, and grow at a rapid pace. We have a huge advantage in our young populace, and with the help of the New Education Policy (NEP), and its focus on skill development, the productivity levels in the country are set to rise substantially to support the growth objectives,” Shri Goyal said.

The minister congratulated the UAE leadership for being able to deliver this massive enterprise, EXPO 2020, despite the difficult times. Stressing on the significance of India’s participation in EXPO 2020, Shri Goyal said, “It is happening at a time when India is celebrating 75 years of its independence, and UAE is celebrating 50th year of its foundation. UAE is one of India’s most valued partners and a close friend. EXPO 2020 will prove to be a landmark in strengthening the relationship between the two countries further”. 

“The ongoing celebrations of Amrit Mahotsav, 75 years of India’s Independence, will also encapsulate Prime Minister Narendra Modi’s clarion call of redefining India in the next 25 years (Amrit Kaal) with his renewed motto of “Sabka Saath, Sabka Vikas, Sabka Vishwas and Sabka Prayas,” he emphasized.

In a special gesture the message of , Prime Minister of India was broadcast and relayed before the gathering at the inaugural event. 

Speaking on the occasion, Shri Goyal said, “The entire world is looking towards India as a trusted partner. We have intensified the reform process during the pandemic instead of being defensive and have laid a solid foundation for a sustainable and sustained high growth phase in the coming years. India, with its democratic values, extremely capable talent pool, technological prowess and growing appetite for learning and leadership, is all set to play an increasingly central role in the global affairs, trade and business”

The minister added that those visiting the India Pavilion during the six months of EXPO 2020, till March 31, 2022, will get a glimpse of the country’s ancient treasures, business achievements, innovations and leading opportunities with cutting-edge technologies. 

“We are on the way to reaching and surpassing USD 400 billion exports per year target and a GDP growth that will take us to becoming a USD 5 trillion economy, and beyond. The next 25 years are set to symbolise India’s golden growth phase,” Shri Goyal said, and invited the global community to be part of this resurgent ‘New India’ journey.

“The India Pavilion will showcase a modern, robust India — high on technology, while simultaneously exhibiting the beauty of Indian art, culture and cuisine during the 183 days that the event will run,” he said.

While India-UAE trade has also been impacted by the pandemic, it was valued close to USD 60 billion in 2019-20 with UAE being India’s third-largest trading partner, and UAE being India’s second-largest export destination after the US, with an export value of approximately USD 29 billion in 2019-20. 

UAE is also the 8th largest investor in India, having invested USD 11 billion between April 2000 and March 2021. India aspires to make significant progress in catalyzing the investments from UAE to India across the focus sectors, including Gems & Jewellery, Textiles, Pharma and IT.

“Over the years, UAE and India have built a strong relationship that goes beyond economic, cultural and political spheres. UAE has given opportunity to thousands of Indians to build their lives in the country, and Indians on their part have exhibited their expertise and contributed to the collective growth of the nation through several areas, including education, technology and entrepreneurship. Expo 2020 Dubai is set to galvanise this further,” Shri Goyal said.

To know more about India Pavilion at Expo 2020 Dubai, please visit

website –

https://www.indiaexpo2020.com/

Facebook – https://www.facebook.com/indiaatexpo2020/

Instagram – https://www.instagram.com/indiaatexpo2020/

Twitter – https://twitter.com/IndiaExpo2020?s=09

LinkedIn – https://www.linkedin.com/company/india-expo-2020/?viewAsMember=true

YouTube – https://www.youtube.com/channel/UC6uOcYsc4g_JWMfS_Dz4Fhg/featured

Koo – https://www.kooapp.com/profile/IndiaExpo2020

To know more about Expo 2020 Dubai, please visit – https://www.expo2020dubai.com/en

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Shri Piyush Goyal addresses traders’ fraternity on National traders’ day

Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles Shri Piyush Goyalhas lauded the contribution of traders in Indian economy. He said, traders are the backbone of the country’s economy and financial powers. Virtually addressingthe traders’ fraternity on the occasion of National traders’ day today, he said traders are the true ambassadors of Brand India. He asked the traders to push for the PM’s clarion call for “Vocal for Local” and become ambassadors of brand India.

Shri Goyal said that India is becoming a global platform for goods and services and asked traders to become Atmanirbhar on all fronts of commerce and trade. He also stressed that trade is not an exchange of goods but is an exchange of culture, goodwill and trust also. The key to it is Quality and productivity. The minister also stressed on ensuring sale of quality products to achieve the above goals.

The Minister assured full support to the trader community from Government and asked traders to bring violations in law to notice of the Government. He said government is committed to protect traders and small entrepreneurs. He said Government is working towards simplifying legal metrology and creating a single window online system to stop harassment of traders. Shri Piyush Goyal urgedtraders to boost Swarojgar, Swadeshi & Sugam Vyapar. 

Shri Goyal lauded the role of traders during Covid Pandemic. He said during the last 15-16 months of the Covid-19 pandemic, traders specially, in the remote area served people’s need by ensuring the uninterrupted supply of essential goods in every nook and corner of the country. He urged the traders to adhere to all Covid 19 protocols in their day today life  and asked them to get both doses of COVID Vaccination.

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