Tag Piyush Goyal

New Delhi, 1st August 2024: ASSOCHAM organized a special session on ‘Bharat@100: Leveraging unprecedented opportunities’ Shri Piyush Goyal, Hon’ble Minister for Commerce & Industry, Government of India graced the event as the Chief Guest. A book titled India@100: Envisioning Tomorrow’s Economic Powerhouse authored by Dr K V Subramanian, Executive Director, IMF was launched by Hon’ble Commerce and Industry Minister.

Speaking at the event, Shri Piyush Goyal, Hon’ble Minister for Commerce & Industry, Government of India said, “We have the ability, we have the willingness, the desire, we have the talent, skill and capability. As policy makers we have the intent and are deeply committed to making India a developed nation by 2047. The focussed efforts towards self-sufficiency in defence, electric mobility and enhancing the quality of our manufacturing setups combined with enhanced transparency and technology adoption will help us have a stronger currency and a stronger macro-economy to get us to a $55 trillion economy.”

“Our economy will be at $5 trillion in the next 3-3.5 years making us the third largest economy in the world. As we increase our shipping, focus on electric mobility and become sufficient in defense, we are looking at a rupee appreciation. We can replicate, if not better, the China story between 2000-20.” added the minister.

Mr Krishnamurthy Subramanian examines this once-in-a-century opportunity that is knocking on India’s doors in India@100: Envisioning Tomorrow’s Economic Powerhouse. India@100 makes a strong case that India is at a turning point that cannot be disregarded, with a daring vision based in Indian realities. Four major pillars—the macroeconomic emphasis on growth, the microeconomic focus on social and economic inclusion, the vision of ethical wealth creation, and the strategy of a virtuous cycle sparked by investment—are examined by Subramanian through meticulous research and perceptive analysis. He thoroughly discusses the options for policy and the areas in need of reform within each pillar.

India@100 effortlessly ignites the reader’s imagination and inspires a collective drive towards a future where India emerges as a dominant economic force. This is an invaluable book for anyone interested in the rise of the Indian economy.

Addressing the august gathering Shri Deepak Sood, Secretary General ASSOCHAM said, “The significant strides that the country has made in the preceding years is not by chance, it’ is by design, and the last 10 years are a testament of that. India is a highly resilient economy. A few years ago, becoming the 5th largest economy was our dream and today we are talking about becoming the 3rd largest economy in the world and there’s a lot of work that needs to go in. India has successfully earned global trust and we did this by leveraging our demography, our large market and therefore building the right capacities for making things happen.”

New Delhi: Electronics Sector Skills Council of India (ESSCI) orchestrated a splendid ceremony to confer the ‘National Skills Awards for Eminence’ at Bharat Mandapam, Pragati Maidan, New Delhi, coinciding with the Electronics Expo 2024. The event, graced by the esteemed presence of Shri Piyush Goyal, Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution & Textiles, witnessed the recognition of outstanding achievers in different categories.

 The objective of the awards is to recognize outstanding contributions across various categories, honouring organizations and individuals for their exceptional efforts in furthering skill development and promoting excellence in India’s electronics sector. The awards ceremony aimed to highlight and celebrate key stakeholders driving innovation and nurturing skills in the industry.

 The Skilling Initiative of the Year award was conferred upon LG Electronics India Pvt Ltd.
The Education Initiative of the Year award was presented to SRM Institute of Science & Technology. Samsung India Electronics Pvt Ltd. was honoured with the CSR Initiative of the Year award. SFO Technologies Pvt Ltd. received the Business Eminence Award of the Year. The Emerging Global Organization of the Year award went to CP Plus. National Centre for Flexible Electronics, IIT Kanpur won the Incubation & Startup Initiative of the Year award. The Woman CSR Leader of the Year award was given to Aradhana Rai Gupta from Havells India Ltd. The accolade was conferred by Wilfredo Gonzales Vidal, Deputy Minister of Communications, Cuba.

 Padma Bhushan Dr Ajai Chowdhry, Founder of HCL & Chairman of EPIC foundation was honored with the prestigious “Lifetime Achievement Award” for his contribution to India’s electronics industry over the past four decades. This recognition serves as a testament to the remarkable contributions he has made for the growth of ESDM sector.

 The eminent winners were chosen for their phenomenal contributions to furthering skill development, education, corporate social responsibility, business excellence, global impact, and nurturing startups within electronics.

 Mr Amit Manwani, Chairman ESSCI said: “A skilled workforce is the most critical asset for
the electronics industry as we step into an era of rapid technological disruptions. Building a vast talent pool through training, upskilling and nurturing skills is crucial for India’s
electronics sector to innovate, expand globally and realize its full potential. At ESSCI, our
diverse skilling initiatives aim to create a culture of excellence by empowering individuals
and organizations with industry-relevant skills to succeed.”

 Sandeep Narula, Chairman of ESC said: “The electronics industry is a major economic
growth driver for India and to reap the benefits of the ‘Make in India’ initiative and for
indigenous manufacturing to flourish, a robust skill development strategy is crucial. Investing in creating an electronics skills ecosystem through industry collaborations, vocational training, and apprenticeships will build a future-ready workforce. This will drive innovation, efficiency, and competitiveness while opening doors for youth employment as the industry scales up across domains like communication systems, consumer electronics, strategic electronics, and medical electronics.” Mr. Gurmeet Singh, Executive Director, ESC was also present in the event to felicitate the winners.

“For India’s electronics sector to achieve its full potential, a skilled workforce is imperative.
ESSCI is proud to play a key role in helping develop industry-ready talent through our
diverse skilling initiatives. We aim to build a vast pool of skilled professionals who can take
the electronics industry into the future through their expertise. Upskilling existing talent and nurturing new skilled workers will be vital for the sector’s growth and to capitalize on the opportunities of a digitally transforming world. ESSCI remains dedicated to enabling a
culture of learning and excellence across electronics, empowering both individuals and
organizations.” said Dr Abhilasha Gaur, COO, ESSCI.

 ESSCI extends hearty congratulations to the deserving winners and remains committed to promoting skills and innovation in electronics. ESSCI also set up a stall at the expo to showcase skill initiatives bridging industry skill gaps. The stall highlighted the importance of hiring certified talent to attract and retain professionals. It addressed skill mismatches in recruitments regarding locations, roles and compensation expectations.