Piyush Goyal Calls upon Engineering Community to Achieve US$100 billion
Export Target in Engineering Services, Design, Construction, and R&D by 2030
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Engineers
Day Celebrated
·
World
recognizes India’s capabilities and leadership as evident from adoption of G20 New
Delhi Leaders' Declaration with significant and bold decisions: Sh. Goyal
·
Goyal
urges Indian companies to expand globally, capturing new markets and leveraging
India's abundant talent pool of STEM graduates
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Goyal
suggests German model of specialization and certification to drive India's growth
and innovation; National Education Policy 2020 provides flexibility for this
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Mr.
Goyal called upon the Services Export Promotion Council (SEPC) and the
Institution of Engineers (India) (IEI) to conduct a study on international
practices that restrict Indian engineering firms' participation in global
projects.
Union
Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution,
and Textiles, Piyush Goyal, encouraged the engineering community to achieve the
US$100 billion export target in engineering services, design, construction, and
research and development (R&D) by 2030. While addressing at the ‘Global Services
Export Conclave on Design, Engineering, Construction, R&D and Environmental
Services: Sustainable Energy, Transportation, and Infrastructure’ in New Delhi on
15 September, 2023, the Minister extended his warmest compliments and best wishes
to engineers across the nation on Engineers Day.
The
Minister called upon all Indians to celebrate this as a collective success of 140 Crore Indians.
He urged Indian companies to expand globally, capturing new markets and leveraging
India's abundant talent pool of STEM (Science, Technology, Engineering, or Mathematics)
graduates to become leading global companies in their sectors.
Mr.
Goyal encouraged the engineering leaders to consider the German model of specialization
and certification in specific areas, suggesting that having specialists and generalists
within the engineering field could contribute to India's growth and innovation.
He noted that India's National Education Policy, introduced in 2020, has opened
doors for lateral changes in education, allowing students to explore diverse fields
midstream. This flexibility, he believes, will lead to a more skilled and diverse
workforce. He recounted how the older policies in the country constrained the choices
for students.
Furthermore,
Mr. Goyal called upon the Services Export Promotion Council (SEPC) and the Institution
of Engineers (India) (IEI) to conduct a study on international practices that restrict
Indian engineering firms' participation in global projects. The Minister emphasized
that the Government under the leadership of the Prime Minister Mr. Narendra Modi
will explore reciprocal actions based on this research study to ensure a level playing
field for Indian engineers and businesses.
Regarding
India's stance on global trade, Mr. Goyal emphasized the country's commitment to
fair and balanced Free Trade Agreement (FTA) negotiations. He emphasized that India's
approach involves extensive consultations with stakeholders to ensure equitable
deals that benefit the nation's businesses, professionals, and MSMEs. He said that
the aim is to enter into an FTA which is a win-win for both countries.
Mr.
Goyal said that we are not able to leverage the FTA as much as the other countries
are able to do. He quoted the Prime Minister and said, “There comes a time in the
development journey of every country when the country redefines itself afresh &
pushes forward with new resolutions. Today, that time has arrived in the development
journey of India”.
The
Minister highlighted the importance of celebrating Engineers Day, emphasizing that
it inspires individuals and the nation to reach for greater heights. The occasion
served as a moment of reflection on past achievements and a call for innovation
and global leadership. In the spirit of Prime Minister Narendra Modi's vision for
a self-reliant and globally influential India, Mr. Goyal underscored the importance
of collaboration, innovation, and confidence in India's engineers as they embark
on a journey towards global leadership.