India’s Best CEOs 2025 awards: Innovation, quality, sustainability to be pillars for Viksit Bharat, says Piyush Goyal
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Union Commerce & Industry Minister Piyush Goyal, during the India’s Best CEOs 2025 event today, talked about India’s three big growth levers, saying that technology, high-quality standards and sustainability are the three core pillars, which will lay the foundation of Viksit Bharat.
“We need to adopt technology and not feel shy about it. With the advent of artificial intelligence, the shift in global trade and newer threats through cybersecurity, all of these present a huge opportunity for India. We need to leverage our talent and skill,” Goyal said at the Fortune India event in Mumbai.
In a fireside chat with Shashwat Goenka, Vice Chairman, RP–Sanjiv Goenka Group, the Union minister said India must strive for high-quality standards in all goods and services it produces. “Anything and everything we do—goods, services, every action—should be of a high-quality standard. Quality always pays off in the long run. Quality is not expensive; it is always cheaper in the long run.”
Emphasising precision and quality culture, the Union minister said India needs to significantly change the mindset towards perfection to achieve double-digit growth. “If our youth can be inculcated with the spirit of precision, meticulousness and accuracy, the country will get to double-digit growth very quickly.”
November 2025
The annual Fortune India special issue of India’s Best CEOs celebrates leaders who have transformed their businesses while navigating an uncertain environment, leading from the front.
He also said sustainability must be at the core of any development agenda, saying that as responsible global citizens, India must be part of the global effort towards sustainable lifestyles, reducing waste, recycling waste, and reusing as many things as it can.
He said India must emerge as a trusted, high-quality trading partner for countries it seeks to engage with. He said it’s happening as India has the wherewithal to address key challenges.
“Gradually and particularly after COVID, India is being looked upon as a trusted partner. The stability and predictability India provides today is far better than what Europe or America provide.” He said India has the right talent and ability to produce high-quality goods and services. “What we need is a mindset change. That ‘chalta hai’ approach must go.”