Goyal Emphasises India’s 10x+ Growth Potential in the Next 25 years

· Focus on 4Ts of Trade, Technology, Tourism and Talent

· Piyush Goyal Delivers the Keynote Address at the Business Meeting with Federation of Belgian Enterprises

During his two-day visit to Brussels to attend the first Ministerial meeting of India-European Union Trade and Technology Council (TTC), Union Minister for Commerce & Industry, Textiles, Consumer Affairs, Food & Public Distribution, Piyush Goyal was invited to attend the business meeting organised by Federation of Enterprises in Belgium (FEB). The meeting was held at the Federation office wherein the Minister delivered a Keynote address.

The meeting was attended by more than 28 business delegates from the Belgium side along with six members of the Indian business delegation. Mr. Rene Branders, President of FEB gave the welcome remarks and the meeting was moderated by Mr Pieter Timmermans, CEO of FEB. In his keynote address, Mr. Goyal emphasised India’s 10x+ growth potential in the next 25 years which would reinforce its position as the fastest growing large economy, focus on 4Ts of Trade, Technology, Tourism and Talent, its ambitious mission for sustainability and renewable energy which is evidenced by its performance of achieving Paris targets in 2021 itself – 9 years ahead of schedule, etc.

This was followed by roundtable discussions which included testimonials from Belgium enterprises which are present and operating in India, testimonials from Indian and foreign companies present in Belgium and remarks from business organisations present during the meeting. The issues discussed during the roundtable include tariff and duties, protection of IPR, investments, need for regulations in waste management sector, reducing regulatory compliances, zero carbon technology and green financing, off-shore wind systems, etc.