Minister Goyal Assures Investors of Support Against Challenges

Union Commerce Minister Piyush Goyal promises government support for investors facing challenges like predatory pricing or anti-dumping. Speaking at the TV9 Global Summit, Goyal emphasized efforts to ease business processes and modernize laws, fostering confidence amongst domestic and foreign investors by simplifying regulations and enhancing the arbitration system.

During the TV9 Global Summit, Union Commerce and Industry Minister Piyush Goyal reassured investors of government assistance in overcoming challenges such as predatory pricing and anti-dumping issues, promising support through necessary measures to protect domestic industries.

Goyal stressed the importance of creating a business-friendly environment, highlighting the government's intention to streamline procedures for both foreign and Indian investors. He underscored the ongoing efforts to modernize India's laws and the simplification of business processes to boost investor confidence.

Addressing reform in the judicial system, the Minister advocated for robust arbitration mechanisms to minimize delays and emphasized the need for efficient, online-based intellectual property processes. Goyal expressed optimism about India's potential as a global manufacturing hub, driven by effective law modernization and efficient dispute resolution frameworks.

(With inputs from agencies.)