Piyush Goyal: Quality is Key for India’s Path Toward Viksit Bharat 2047
Synopsis
Union Minister Piyush Goyal asserts that prioritizing quality is essential for India's economic growth. Addressing the National Quality Conclave, he outlines the vision for India to evolve from a consumer market to a global producer of premium goods, aligning with the ambition for Viksit Bharat 2047.
Key Takeaways
Quality Focus: Quality must be prioritized in manufacturing and exports.
Global Competitiveness: India should establish itself as a global producer.
Trade Agreements: Nine free trade agreements signed with 38 countries.
Export Target: Aim for $2 trillion in exports in the next six to seven years.
Uniform Standards: Eliminate dual-quality systems for domestic and international markets.
New Delhi, Feb 23 (NationPress) On Monday, Union Commerce and Industry Minister Piyush Goyal emphasized that quality should be at the forefront of India’s manufacturing and export landscape if the nation aims to realize its long-term economic aspirations.
Speaking at the inaugural National Quality Conclave via a virtual platform, organized by the Department for Promotion of Industry and Internal Trade (DPIIT) in collaboration with the Quality Council of India (QCI), Goyal urged that Prime Minister Narendra Modi’s vision of “zero defect, zero effect” should steer India’s developmental trajectory during the Amrit Kaal, ultimately fulfilling the vision of Viksit Bharat 2047.
“India cannot progress merely as a consumer market. The country must position itself as a global producer of high-quality goods and services, where Brand India symbolizes reliability, trust, and excellence,” he stated.
“Achieving India’s ambitious goal of $2 trillion in exports—comprising $1 trillion each from merchandise and services in the next six to seven years—will only be possible if Indian products adhere to the highest international standards,” the minister noted.
“In the last three to three-and-a-half years, India has finalized nine free trade agreements with 38 developed nations, encompassing nearly two-thirds of the global GDP and trade,” Goyal highlighted.
“These agreements pave the way for new opportunities in industries such as textiles, leather, footwear, and pharmaceuticals. However, it is crucial that Indian businesses consistently produce top-tier products to fully capitalize on these markets,” he elaborated.
He pointed out that India's participation in global trade remains limited, especially in labor-intensive sectors where the country has significant potential.
Goyal urged industry leaders to leverage improved market access and ensure that the quality of domestic products matches that of exports.
Reflecting on a time when consumers sought products of “export quality,” he insisted that the nation must eliminate the dual-quality system and implement uniform standards for both domestic and international markets.
Point of View
Which aligns with the country's long-term economic goals.
NationPress
12 May 2026
Frequently Asked Questions
What did Piyush Goyal state regarding India's manufacturing?
Piyush Goyal emphasized that quality should be the primary focus of India’s manufacturing and export ecosystem to meet the country's long-term economic objectives.
How many free trade agreements has India signed recently?
India has signed nine free trade agreements with 38 developed countries in the past three to three-and-a-half years.
What is the target for India's exports?
India aims to achieve $2 trillion in exports, with $1 trillion from merchandise and $1 trillion from services over the next six to seven years.
What is the significance of the 'zero defect, zero effect' vision?
The 'zero defect, zero effect' vision is a guiding principle for ensuring high-quality standards in India's growth journey and manufacturing sector.
Why is it important for Indian products to meet global standards?
Meeting global standards is crucial for Indian products to be competitive in international markets and to fully benefit from trade agreements.
