At the 21st Annual Global Investor Conference 2025, Union Minister of Commerce and Industry Mr. Piyush Goyal highlighted the government’s strong commitment to ease of doing business by deregulating sectors, reducing compliance procedures, simplifying policies, and decriminalising business laws. He stressed that these reforms are central to India’s transformation towards Viksit Bharat 2047, a vision of a fully developed and globally competitive India.

Resilience Amid Global Challenges

Mr. Goyal underlined that India has historically turned crises into opportunities—whether during the 1991 balance of payments crisis, the 2008 global financial crisis, or the COVID-19 pandemic. He asserted that India today is better positioned than ever before to leverage global opportunities, thanks to structural reforms and strong policy frameworks.

Strong Economic Fundamentals

India’s macroeconomic fundamentals remain robust, supported by:

• 7.8% GDP growth in Q1 FY26, the fastest among major economies.

• Private capital expenditure rising by 66%, signaling investor confidence.

• Foreign Direct Investment (FDI) growing 14%, reaffirming global trust in India’s economy.

• Record demat account openings, reflecting deeper retail investor participation.

• Manufacturing PMI at a 17.5-year high, showing sustained industrial momentum.

• CPI inflation at the lowest levels in recent years, ensuring price stability.

• A strengthened banking sector, marked by high credit growth and lower NPAs.

• Improved sovereign credit rating, upgraded from BBB- to BBB with a stable outlook.

These achievements, he said, reflect India’s financial resilience and policy credibility.

Reform Agenda: GST 2.0, Tax Cuts, and RBI Support

Looking ahead, Mr. Goyal said the government will usher in next-generation reforms to accelerate growth. Key measures include:

• GST 2.0 reforms, rationalising tax slabs to simplify compliance and improve efficiency.

• Corporate and personal tax reductions, aimed at enhancing disposable incomes and competitiveness.

• RBI policy rate cuts, which are expected to lower borrowing costs and stimulate economic activity.

He emphasised that these reforms will reduce friction for businesses, attract higher investments, and improve India’s competitiveness globally.

Make in India, Aatmanirbhar Bharat, and Infrastructure

Mr. Goyal reiterated the importance of Make in India and Aatmanirbhar Bharat in creating resilient supply chains. He highlighted the government’s focus on infrastructure development, with investments in highways, logistics parks, renewable energy, and digital infrastructure, positioning India as a manufacturing and innovation hub.

Trade Engagements and Global Partnerships

The Minister also pointed to India’s proactive global trade diplomacy. Ongoing engagements with Mauritius, UAE, Australia, EU, UK, and USA, along with existing Free Trade Agreements, reflect India’s ambition to integrate deeply into global markets.

Additionally, India is negotiating agreements on green hydrogen, renewable energy cooperation, and digital trade, placing sustainability at the heart of its trade agenda.

Sustainability and Zero Defect, Zero Effect

Mr. Goyal called on industries to adopt sustainable practices, focus on energy efficiency, and ensure high-quality manufacturing in line with Prime Minister Mr. Narendra Modi’s Zero Defect, Zero Effect vision. This approach aims to ensure India’s industrial expansion does not compromise environmental responsibility.

Transformative Growth, Not Incremental

He concluded by urging both the government and industry leaders to aim for transformative growth instead of incremental progress. With reforms, global partnerships, and strong fundamentals, India is on a clear path to becoming a global economic leader, contributing significantly to global growth and innovation.

Looking Ahead

The emphasis on deregulation, policy simplification, and decriminalisation of laws reflects the government’s intention to make India one of the world’s most business-friendly destinations. Combined with robust growth, trade partnerships, and sustainability goals, India is well-positioned to outpace global peers and strengthen its role as a driver of global economic momentum.

The Upcoming IPOs in this week and coming weeks are Taurian MPS, Jay Ambe Supermarkets, Krupalu Metals, Urban Company, Shringar House of Mangalsutra, Vashishtha Luxury Fashion, Karbonsteel Engineering, Sharvaya Metals, Vigor Plast India.

The Current active IPO are Austere Systems, Optivalue Tek Consulting, Goel Construction Company, Amanta Healthcare, Rachit Prints.

Start your Stock Market Journey and Apply in IPO by Opening Free Demat Account in Choice Broking FinX.

Join our Trading with CA Abhay Telegram Channel for regular Stock Market Trading and Investment Calls by CA Abhay Varn - SEBI Registered Research Analyst.