Knowledge on FTAs to create market access, help reach $2 Trn trade goal : Piyush Goyal

NEW DELHI : Union Commerce and Industry Minister Shri Piyush Goyal in his virtual address during the 57th Convocation of The Indian Institute of Foreign Trade (IIFT) motivated the students to stay informed about new trade agreements, using these as avenues to create fresh business opportunities and access new markets. During the address held in New Delhi today, he noted that this knowledge would contribute to the ambitious target of a ‘Viksit Bharat,’ including the goal of reaching $2 trillion in trade. Highlighting sectors such as telecom, semiconductors, deep-sea exploration, and space technology, he urged them to contribute to these fields with a forward-thinking mindset.

In his inspiring message, Shri Goyal urged the graduates to embrace their roles as socially responsible professionals. He emphasized the critical importance of ethical business practices, underscoring how today’s organizations are expected to uphold Corporate Social Responsibility (CSR) principles. He encouraged the graduates to integrate social issues into their management practices, aligning corporate goals with community welfare to make a positive impact on society. He further advised the young graduates to chart their paths to success through innovation, especially by engaging with emerging technologies like Artificial Intelligence (AI) and Machine Learning (ML).