India Shifts to Quality Manufacturing After Securing Key Trade Deals

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India Prioritizes Quality Manufacturing for Global Competitiveness

Union commerce minister Piyush Goyal

M

Moneycontrol•23-02-2026, 16:20

India Prioritizes Quality Manufacturing for Global Competitiveness

•Union Commerce Minister Piyush Goyal urges manufacturers to prioritize quality for India's developed economy goal.
•India aims to become the third-largest economy in the next 2-2.5 years, driven by quality, sustainability, and inclusivity.
•PM Narendra Modi emphasizes "quality consciousness" to make Indian products globally recognizable.
•Key free trade agreements (FTAs) will boost exports, contingent on high-quality produce.
•Focus areas include quality raw materials, skilled workforce, productivity enhancement, and efficient testing/certification.

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