Assuring the industry of Government’s support, Union Minister of State for Commerce & Industry, Anupriya Patel has called upon the Small and Medium Enterprises (SMEs) to adopt technology towards raising productivity and promoting sustainability. The Minister urged them to take the ‘Industry 4.0’ to Tier-2 and Tier-3 cities.
Patel further said the Government is committed towards transforming India during the Amritkaal, the next 25 years. Patel also said that both Manufacturing and Exports will be India’s growth drivers during the Amritkaal. She listed out the Government’s initiatives towards facilitating Manufacturing including the PLI and EODB and promoting exports by pursuing various FTAs such as the India-UAE CEPA and India-Australia ECTA.
Underlining that the Government is committed to creating industry friendly and a conducive environment, the Minister said that in just over five years India has emerged as the world’s third largest Startup ecosystem after the US and China and last month the country achieved the distinction of having 100 Unicorns.
