Startups to become backbone of India, promoting young entrepreneurs with new ideas: Piyush Goyal

Startups are going to be the backbone of India ,said Union Minister Piyush Goyal on Saturday while adding that the ecosystem of startups is encouraging innovation ,promoting and strengthening new young entrepreneurs along with businesses with new idea and new ways of doing business.
The Tyre and rubber industry ecosystem can become a great business leader in years to come.We will be encouraging rubber plantation through the support of private investment and the government will give adequate support to the Tyre industry so that it can grow and flourish .
The Union Minister further stated ,we have identified another 24 sectors on which work is going on by industry leaders who are working together to come up with actionable agenda to add nearly Rs.200 lakh crore worth of manufacturing in India in the next 10 years.
The Union Minister was addressing the 93rd Annual Convention of Federation of Indian Chambers of Commerce and Industry(FICCI). Appreciating the proliferating digital environment ,the minister said ,As we go forward in the post -COVID world,we will see a mix of virtual and physical engagements,combining to help us expand our global outreach,helping us reach to new markets,customers and products.
The Union Minister said ,scale of manufacturing coupled with quality and productvity can truly make India competitive in several sectors and help move towards an Aatmanirbhar Bharat,which is going to be an important building blocks of the “New India”.