India will be launching the BRICS Startup Forum in 2023 with the goal of facilitating collaboration and sharing best practices among startups, investors, incubators, and aspiring entrepreneurs, Union Minister of Commerce and Industry Piyush Goyal has said.
At the Special Ministerial Session at the ‘9th CII India-LAC Conclave’, Union Minister for Commerce and Industry Piyush Goyal presented a comprehensive four-point agenda aimed at fostering deeper cooperation between India and the LAC region.
Union Minister of Commerce and Industry Piyush Goyal said that the Indian Footwear and Leather industry is not only a major foreign exchange earner but being a labour-intensive sector, it also provides employment to approximately 4.5 million people, 40 per cent of whom are women.
Goyal said during the Covid19 pandemic, India has demonstrated its resilience, its capacity to serve the world and its capabilities in terms of being a trusted partner for businesses around the world.
A destination for numerous business and investment opportunities, the fair is being organized by the India Trade Promotion Organisation (ITPO) with "Aatmanirbhar Bharat” as its theme.
The services sector provided employment to nearly 2.6 crore people and contributed about 40 per cent to India’s total global exports.
The Minister said Indian industrialists should align with best standards in Textile manufacturing for their domestic and international consumers.
Goyal said India should be looking to become a global player in producing textiles machinery,