New Delhi: Union Commerce and Industry Minister Piyush Goyal said on Thursday that new age ideas will help India to contribute in a much bigger way to global supply chains and the new-age entrepreneurs are going to change the fortune of the country.
Addressing CII’s event on ‘Launch of India’s Future Business Group’, he said,’ It is the youngsters, who are going to change the fortune of India, create jobs & bring prosperity to the people. We have a huge start-up ecosystem in India. It’s more about recognizing our capabilities, uplifting our entrepreneurs. Some of the ideas that youngsters have come up with are truly revolutionary.’
He said, ‘We need to build a platform with like-minded countries and trusted partners to promote new-age businesses in India.’
India can engage with other countries and build up a platform with trusted partners to promote new-age businesses, he added.
He suggested that Colleges should look at entrepreneurship or other courses around new-age businesses.’ We can also look at more vocational training & assessment process to see what is in the young person’s mind,’ he added.
Talking about the improvement in India’s rank from 52 to 48 in the Global Innovation Index, Goyal said,’Let us all work together to truly make India the innovation hub. We have a huge startup ecosystem. I have no doubt that the spirit of the industry will even encourage even the government to proactively go forward with new ideas & processes to make it easier & simpler to do business in India.No power on earth can stop us from succeeding’.
Speaking about the innovation in Railways, Goyal said that ‘In the last six years, our Indian coach making factories have not only stopped making old coaches, but we are also now making better LHB coaches. As a result of this, in the last 17 months, not even a single Railway passenger has died because of Railway accident.’