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Goyal Frames Self-Reliance as Supply-Chain Shield at CII Partnership Summit Preview

At a CII summit preview, the commerce minister linked self-reliance to resilient supply chains, highlighting GST changes as a demand boost.

Overview

  • Piyush Goyal said atmanirbharata means building end-to-end supply and value chains that can withstand global shocks and deter the weaponisation of trade.
  • He outlined a three-part approach of self-reliance, self-confidence and self-protection to secure supply lines and pursue national goals.
  • The remarks came at the curtain-raiser for November’s CII Partnership Summit in Visakhapatnam, where Andhra Pradesh was showcased as an investment hub.
  • Andhra Pradesh Chief Minister N. Chandrababu Naidu announced plans including a quantum valley in Amaravati by January, a Google data centre in Visakhapatnam, and cabinet approval for a Rs 1.35 lakh crore AM/NS India steel plant, with BPCL and ArcelorMittal interest described as proposals.
  • Goyal pointed to the recent GST overhaul as a consumer tax relief that could spur consumption, with the Economic Times also noting reported new 50% U.S. tariffs on Indian goods as context for the policy push.