Goyal Urges Industry to Elevate Quality for $2 Trillion Export Goal

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Goyal Urges Industry to Elevate Quality for $2 Trillion Export Goal

Goyal Urges Industry to Elevate Quality for $2 Trillion Export Goal

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CNBC TV18•23-02-2026, 22:25

Goyal Urges Industry to Elevate Quality for $2 Trillion Export Goal

•Commerce Minister Piyush Goyal calls for industry to raise quality standards to achieve the $2 trillion export target.
•He outlined a five-pillar action agenda for institutionalizing quality, including SOPs, skilling, gap analysis, streamlined testing, and shared infrastructure.
•Goyal emphasized that India's $30-$35 trillion economy by 2047 relies on zero defect, zero effect, and equitable opportunity.
•He highlighted new export opportunities from nine FTAs with 38 developed economies, despite India's modest share in global trade.
•Goyal met with ministers from Cambodia and Tajikistan, and the UK India Business Council chair to discuss trade, investment, and CETA opportunities.

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