Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Union Minister of Commerce & Industry Shri Piyush Goyal commends the remarkable contribution of the consumer electronics industry in India

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Union Minister of Commerce & Industry Shri Piyush Goyal commends the remarkable contribution of the consumer electronics industry in India - News and Press Release Dated:- 8-12-2023 - News - Union Minister of Commerce & Industry Shri Piyush Goyal commends the remarkable contribution of the consumer electronics industry in India - - - Dated:- 8-12-2023 - Shri Goyal urges industry to prioritize q .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... uality, highlighting the importance of supporting the Indian ecosystem and fostering collaboration among domestic manufacturers Shri Goyal encourages people to become Viksit Bharat Ambassadors India's growing influence and significance have attracted global attention: Sh. Goyal Lower inflation which translates to lower interest costs is an important element in our path towards becomin .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... g a developed nation: Sh. Goyal Union Minister of Commerce Industry, Consumer Affairs, Food Public Distribution, and Textiles, Shri Piyush Goyal commended the remarkable contribution of the consumer electronics industry in India. While addressing the 44th Annual Function of the Consumer Electronics and Appliances Manufacturers Association (CEAMA) in New Delhi yesterday, the Minister high .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... lighted the importance of collaboration between the industry and the government to attain collective objectives. Shri Piyush Goyal stressed the importance of seizing opportunities, engaging internationally, and embracing competitiveness to ensure India's growth trajectory. He emphasized the significance of meeting consumer demands for high-quality and competitively-priced products. Shri Goy .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... al urged the industry to prioritize quality, highlighting the importance of supporting the Indian ecosystem and fostering collaboration among domestic manufacturers. The Minister said that the Quality Control Orders (QCOs) have been issued to further the interests of both the consumers and the industry as high quality products are beneficial for all. He encouraged companies to opt for Indian-made .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... components and products, contributing to job creation and scaling competitiveness in both local and global markets. Shri Goyal said that the Prime Minister, Shri Narendra Modi has urged people to become Viksit Bharat Ambassadors. The Minister also encouraged the attendees to join the program and proudly become part of India s journey towards a developed nation. He said that we must encourage mo .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... re of our friends and family to collectively take up this challenge and become Viksit Bharat Ambassadors. He said that Viksit Bharat will be a corruption free India with the colonial mindset shed from our minds. Shri Goyal highlighted the vision of the Prime Minister of people powered development led by 140 Crore Indians. Emphasizing a broader perspective, Shri Goyal underscored the need for a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... change in mindset, encouraging stakeholders to adopt innovative approaches. He elaborated on the ongoing international trade negotiations, stressing the importance of projecting India's story as the world's fifth-largest economy with imminent prospects of becoming a trillion-dollar economy soon. The Minister emphasized that India's growing influence and significance have attracted glob .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... al attention, thereby offering unique marketing propositions and fostering increased engagement with the country. Highlighting the strength of India's ambitious startup ecosystem and its young demographic dividend, Shri Goyal outlined the opportunities presented by India's 1.4 billion strong young population. He noted the positive economic indicators, including India's success in cu .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rbing double-digit inflation to a benchmark of 4% plus or minus 2%. The Minister emphasized that lower inflation rates and reduced interest costs are pivotal in the country's journey towards becoming a developed nation. Shri Goyal said that lower inflation which translates to lower interest costs is an important element in our path towards becoming a developed nation. The Union Minister hig .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hlighted various social welfare initiatives led by the government, including the provision of free food grains to millions of Indians, ensuring food security and eradicating hunger. He underscored the government's commitment to providing housing for the underprivileged, electrification of every village and household, and the expansion of healthcare services. The Minister said that the Gover .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nment is working towards women led development. Shri Goyal also advocated for the active participation and recognition of women in India's development journey. He highlighted the economic contributions of women, both within households and in the formal workforce, emphasizing the need to acknowledge and value their efforts adequately. Reflecting on the success of the 'Digital India' .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... initiative, the Minister highlighted the rapid rise in internet users in the country, especially through smartphone usage, and its transformative impact on rural areas, thereby nurturing aspirational India. Expressing optimism, Shri Piyush Goyal remarked on the transformation witnessed in Indian manufacturing capabilities since 2014, as companies transition towards sustainable manufacturing pra .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ctices and produce high-quality goods. Shri Goyal emphasized the critical role of the consumer electronics industry in India's growth story, urging stakeholders to maintain a focus on innovation, quality, and sustainable practices to ensure a brighter future for the nation. He lauded the industry's efforts in fostering growth and reiterated the government's support to elevate it fur .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ther. - - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates