Piyush Goyal: New FTAs boost manufacturing, open global doors for youth

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Piyush Goyal: New FTAs boost manufacturing, open global doors for youth

Synopsis

Commerce Minister Piyush Goyal used the launch of IIM Udaipur's first online bilingual BBA to make a broader point: India's new FTAs aren't just trade deals — they're job and opportunity pipelines for youth. With 100 crore internet users and a push for Hindi-English management education, the government is betting that access and trade policy together can deliver Viksit Bharat's workforce promise.

Key Takeaways

Piyush Goyal addressed the inauguration of IIM Udaipur's online bilingual BBA programme on 6 July from New Delhi.
He said India's new FTAs are creating fresh opportunities in manufacturing and innovation for the country's youth.
The bilingual programme is offered in both Hindi and English to expand access for students from diverse backgrounds.
Goyal cited India's nearly 100 crore internet users as a platform for scaling quality education in line with the National Education Policy .
Classes will be conducted online , while examinations will remain offline to ensure accountability.
The minister called for regular in-person faculty-student interactions to strengthen the programme's hybrid learning model .

Union Commerce and Industry Minister Piyush Goyal on Monday, 6 July said India's new free trade agreements (FTAs) are generating fresh momentum for manufacturing and innovation, and creating pathways for the country's youth to compete on the world stage. Addressing the inauguration of the online bilingual Bachelor of Business Administration (BBA) programme at the Indian Institute of Management (IIM) Udaipur virtually from New Delhi, Goyal called on students to arm themselves with practical skills and technology-driven learning to capitalise on the opportunities these agreements are unlocking.

FTAs as a Gateway for Youth

Goyal framed India's expanding trade architecture as a direct opportunity for the next generation. 'For Viksit Bharat, the doors of the world are open to the students,' he said, stressing that the new FTAs are simultaneously reinforcing the manufacturing sector and elevating the importance of innovation. He urged students not to rely on academic knowledge alone, but to combine classroom learning with hands-on experience to meet the fast-evolving demands of the global economy.

Digital India as an Education Multiplier

The minister pointed to India's nearly 100 crore internet users as a structural advantage for scaling quality education through digital platforms, in alignment with the National Education Policy (NEP). He described the IIM Udaipur initiative as a model that can meaningfully close the rural-urban divide by making premier management education accessible regardless of a student's location or financial circumstances.

What the Bilingual BBA Programme Offers

The programme's bilingual format — conducted in both Hindi and English — is designed to lower the language barrier that has historically kept students from non-English-medium backgrounds away from top-tier management institutions. 'The classrooms of IIM will now be visible on the screen,' Goyal said, noting that students from a small shop in Bhilwara to remote areas such as Bastar would be able to access the programme via laptops, smartphones, or other digital devices. While classes will be held online, examinations will remain offline to preserve academic accountability.

Strengthening the Hybrid Model

Goyal also proposed measures to deepen the programme's hybrid learning framework, recommending regular in-person interactions between faculty and students. He emphasised that management education goes beyond formal instruction — peer learning, networking, and mentorship are integral to producing well-rounded business professionals. This comes amid a broader national push to expand the reach of India's elite institutions beyond their physical campuses, with IIM Udaipur's online BBA among the early movers in that direction.

The programme's launch signals a wider shift in how India's premier institutions are rethinking access, with technology and policy now converging to extend IIM-quality education to students who would otherwise never have had the chance.

Point of View

Softer form of public buy-in. The IIM Udaipur bilingual BBA is genuinely novel, but the harder question is whether online management education from elite institutions will carry the same labour-market weight as on-campus degrees. Employers' perception of the credential, not the minister's endorsement, will determine whether students from Bhilwara or Bastar actually benefit. The offline-exam safeguard is a sensible credibility anchor, but the programme's true test will come at placement season.
NationPress
6 Jul 2026

Frequently Asked Questions

What did Piyush Goyal say about India's new FTAs?
Goyal said India's new free trade agreements are generating fresh opportunities in manufacturing and innovation, and opening global pathways for the country's youth. He urged students to build practical skills and embrace technology-driven learning to make the most of these emerging openings.
What is the IIM Udaipur online bilingual BBA programme?
It is a new Bachelor of Business Administration programme launched by IIM Udaipur that is conducted online in both Hindi and English. The initiative aims to make IIM-quality management education accessible to students across India regardless of location or financial background.
Why is the programme offered in Hindi and English?
The bilingual format is designed to remove the language barrier that has historically limited access to premier management institutions for students from non-English-medium backgrounds, allowing them to study in the language they are most comfortable with.
How will examinations be conducted for the online BBA?
While classes will be delivered online, examinations will be held offline to maintain academic accountability and credibility of the qualification.
What role does India's internet user base play in this initiative?
Goyal highlighted India's nearly 100 crore internet users as a structural advantage for delivering quality education at scale through digital platforms, in line with the National Education Policy's goals of widening access to higher education.
Nation Press
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