Piyush Goyal, Minister of Commerce and Industry, highlighted India’s economic resilience and commitment to a business-friendly policy environment and highlighted several strategic government initiatives aimed at spurring innovation and supporting the start-up ecosystem. He was speaking at the inaugural session of the 6th edition of the Pune International Business Summit organized by the Mahratta Chamber of Commerce, Industries, and Agriculture (MCCIA) on Monday after marking a significant milestone in the city’s emergence as a global trade hub.
Goyal, addressed the summit via an exclusive video message. He highlighted India’s economic resilience and commitment to fostering global partnerships through progressive, business-friendly policies. He outlined several key government initiatives, including a ₹10,000 Cr Fund of Funds for start-ups, a Deep Tech Fund to spur innovation, and a ₹20,000 cr investment for the National Research Foundation (NRF).
Enhanced collaborations
Emphasizing the country’s strengthening international ties, Minister Goyal noted enhanced collaborations with global partners such as the United States, France, Switzerland, Norway, Israel, and Qatar. He also lauded the MCCIA for orchestrating the event and stressed the critical role that small and medium enterprises (SMEs) and trade will play in realizing the vision for Viksit Bharat 2047.
In his opening remarks, MCCIA President Sanjay Kirloskar set an ambitious agenda, paving the way for discussions on India’s rapidly evolving economic landscape. The summit saw the participation of industry leaders, policymakers, diplomats, and business delegates from around the world, underlining Pune’s growing importance in international trade and investment.