Goyal for proactive growth approach
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New Delhi: Union Commerce Minister Piyush Goyal on Tuesday urged industry leaders to adopt a more ambitious and proactive approach to help drive India’s growth.
Speaking at FICCI’s 98th Annual General Meeting and Annual Convention, he outlined five key expectations from the industry and encouraged them to set bold, future-focused targets.
Goyal first appealed to industry bodies to closely audit the results of their advocacy efforts. He said industry associations often push ideas and recommendations, but they rarely evaluate which of them were accepted and which were forgotten.
This exercise, he noted, would help them understand their true impact and strengthen their role in the decades ahead.
"Set bold targets. We can’t be satisfied with incremental growth; we need to venture out of the ordinary. We need domestic capital, Indian money in startups and R&D. It can’t always be foreign investment; at initial stages, it should have domestic money. Be bold in outlook," Goyal mentioned. He then emphasised the need for bolder goals, stressing that India cannot afford to be satisfied with slow or incremental progress.
