Union Commerce Minister Piyush Goyal made a compelling case on Monday for embedding quality at the heart of India’s growth story. Virtual keynote at the National Quality Conclave by DPIIT and QCI, he positioned PM Modi’s ‘Zero Defect, Zero Effect’ philosophy as the north star for Amrit Kaal, propelling the nation towards Viksit Bharat 2047.
India’s future lies not in consumption alone but in becoming a trusted global supplier of premium products and services, Goyal emphasized. Achieving $2 trillion exports—$1 trillion each in goods and services—over the next 6-7 years demands world-class quality from Indian makers.
Boasting nine FTAs with 38 developed nations that span two-thirds of global GDP and trade, India stands at a pivotal juncture. Sectors like textiles, leather, footwear, and pharma poised for expansion, yet victory requires unwavering quality commitment.
Despite strengths in labor-intensive fields, India’s global trade share lags. Goyal exhorted industry leaders to exploit new market accesses and unify quality standards—no more inferior domestic products. ‘Consumers once sought export-grade items; today, all must be export-grade,’ he stated.
His vision paints a roadmap where quality fosters competitiveness, innovation, and trust. As India accelerates towards 2047, this quality revolution could redefine its economic destiny, turning potential into global dominance.