Business EconomyPosted at: Jan 17 2026 1:00AM


Growing self-confidence in “New India’s” youth is visible transformation: Piyush Goyal

New Delhi, Jan 16 (UNI) union Minister for Commerce and Industry Piyush Goyal today highlighted that one of the most visible transformations in a resurgent and new India is the growing self-confidence among the country’s youth.
While addressing the “Startup Pe Charcha” interaction at Bharat Mandapam, New Delhi, Minister Goyal highlighted that one of the most visible transformations in a resurgent and new India is the growing self-confidence among the country’s youth.
He noted that young Indians today are increasingly willing to take risks, pursue entrepreneurship and experiment with ideas, marking a significant shift from earlier hesitations around career choices, and said that this self-confidence reflects a fundamental change in India’s mindset towards innovation and future-ready growth.
Speaking on the Free Trade Agreements (FTAs), Goyal said India’s recent agreements with developed economies provide significant opportunities for startups and entrepreneurs.
He explained that these agreements create certainty and confidence for investors while opening new markets for Indian goods and services.
Further, the minister encouraged startups to explore startup-to-startup collaborations and partnerships with countries abroad to attract investment and expand globally, highlighting opportunities across services, mobility, payments, sustainability, renewable energy and advanced technologies.
On deep-tech innovation, Goyal expressed optimism about the progress being made across the country, and noted that recent policy discussions have brought sharper focus to deep-tech development and said that the second Rs 10,000-crore Startup Fund of Funds announced by the government will significantly support deep-tech startups, particularly at early and critical stages of growth.
He added that his interactions with incubators and academic institutions across the country reflect strong momentum in this sector.
Referring to India’s space startup ecosystem, he noted that over 350 startups are currently operating in the sector, with deep-tech innovation at their core, and said the sector has crossed a valuation of USD 2 billion, with the government aiming to support the emergence of multiple unicorns in the coming years.
He further addressed concerns related to sectors such as handicrafts, and highlighted the importance of integrating technology into inventory management to enable artisans to access digital and e-commerce platforms.
The Government e-Marketplace (GeM) is willing to support such efforts by facilitating onboarding, inventory digitisation and market access, including through integration with the Open Network for Digital Commerce (ONDC), he added.
UNI VK SAS RN
Please log in to get detailed story.
Tags: #Growing self-confidence in “New India’s” youth is visible transformation: Piyush Goyal
More News

DFS secy rolls out facilitation camps to promote ‘Paripoorna Mediclaim Ayush Bima’ for CGHS beneficiaries

18 Feb 2026 | 1:07 AM

New Delhi, Feb 17 (UNI) The Department of Financial Services (DFS) under the Ministry of Finance on Tuesday launched special facilitation camps to promote the newly introduced Paripoorna Mediclaim Ayush Bima policy for beneficiaries of the Central Government Health Scheme (CGHS).

see more..

Reliance Inks partnership deal with TGI group to sell FMCG products in Nigeria

17 Feb 2026 | 10:17 PM

Mumbai, Feb 17 (UNI) Reliance Consumer Products Ltd (RCPL) officially announced here on Tuesday in a filing to the stock exchange that it has entered into a deal to form a majority-owned joint venture with Nigeria-based Tropical General Investments Group (TGI Group), which will give RCPL a stronger foothold in the Nigerian market.

see more..

AI in governance: Experts stress caution, evaluation and ethics

17 Feb 2026 | 8:56 PM

New Delhi, Feb 17 (UNI) The role of artificial intelligence in improving government efficiency and public service delivery came under discussion at the India AI Impact Summit 2026 on Tuesday, with experts calling for rigorous evaluation and stronger governance frameworks before large-scale deployment.

see more..

SATTE 2026 to feature 2,000 exhibitors representing more than 3,200 brands from across 60 countries

17 Feb 2026 | 8:56 PM

New Delhi, Feb 17 (UNI) The 33rd edition of South Asia Travel & Tourism Exchange (SATTE) will take place from February 25 to 27, 2026 at Yashobhoomi, New Delhi, under the theme 'An Opportunity Called India.' The exhibition is hosting 2,000 exhibitors representing more than 3,200 brands across 60 countries.

see more..

Tenth Monitoring Committee meeting reviews BC’s network nationwide

17 Feb 2026 | 8:24 PM

New Delhi, Feb 17 (UNI) The 10th meeting of the Monitoring Committee on Business Correspondents (BCs) was held here on Tuesday under the chairmanship of M Nagaraju, Secretary, Department of Financial Services.

see more..