{"id":1958,"date":"2021-08-01T16:13:28","date_gmt":"2021-08-01T10:43:28","guid":{"rendered":"https:\/\/theeducationoverview.in\/?p=1958"},"modified":"2021-08-01T16:13:28","modified_gmt":"2021-08-01T10:43:28","slug":"fintech-agritech-accountancy-law-healthcare-and-cyber-security-are-the-new-areas-of-opportunities","status":"publish","type":"post","link":"https:\/\/theeducationoverview.in\/?p=1958","title":{"rendered":"Fintech, Agritech, Accountancy, Law, Healthcare and Cyber Security are the new areas of opportunities"},"content":{"rendered":"
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Fintech, Agritech, Accountancy, Law, Healthcare and Cyber Security are the new areas of opportunities\u201c<\/strong><\/span><\/h2>\n

Services Trade between India and the U.S will play a very important role in our ever-growing relations \u2013 Piyush Goyal\u201d<\/strong><\/span>
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\nPosted On: 31 JUL 2021 4:24PM by PIB Mumbai
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Mumbai, 31st<\/sup>\u00a0July 2021<\/strong><\/span><\/p>\n

Union Commerce & Industry Minister Shri Piyush Goyal today said that the services sector holds a lot of promise in aiding economic recovery during the post Covid period.<\/strong><\/span><\/p>\n

Addressing the \u20182nd Indo-US Services Summit\u2019, organised by Indo American Chamber of Commerce (IACC), Shri Goyal observed that India and the US are working towards peace and stability across the world.\u00a0<\/strong><\/span><\/p>\n

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He said the services trade will play a very important role in the two countries ever expanding relations. \u00a0\u201cIndia & US are two natural partners and our relationship has stood the test of times due to our shared values of equality, liberty and democracy\u201d he added.<\/strong><\/span><\/p>\n

Shri Goyal recalled the Y2K challenge two decades back and how the Indian talent helped US deal with it and how the world started noticing India\u2019s skills, capabilities and commitment like never before. \u201cIt changed the perception of India,\u201d he remarked.<\/strong><\/span><\/p>\n

The Minister said\u00a0India is now moving beyond a \u2018low-cost service provider\u2019 to a \u2018high value add partner\u2019 and added that the back offices in India are evolving into brain offices. Giving examples of the 57 Start Up Unicorns, Shri Goyal said the entrepreneurial spirit of young Indians will place the country in the forefront.<\/strong><\/span><\/p>\n

The Minister informed that the total Services Exports from India to the world was $17 bn in 2001-02 and has now leapfrogged to $ 205 bn in 2020-21, registering a Twelve fold increase.<\/strong><\/span><\/p>\n

\u201cWhen we talk of India-US partnership, we each have areas of strengths where we excel. \u00a0US is hub of innovation, technology, research & quality education. \u00a0India has skilled and intelligent manpower at competitive cost. \u00a0Uniting our strengths will create an \u00a0unbeatable combination\u201d\u00a0 Shri Goyal remarked.<\/strong><\/span><\/p>\n

The Minister further said that India is also rapidly progressing to become one of the world\u2019s largest digital markets. Hospitality, Fintech, Agritech, Entertainment, Accountancy, Law, Cyber security, Healthcare & tourism etc. are some of the areas where India and US can cooperate with mutual benefits.<\/strong><\/span><\/p>\n

Shri Goyal applauded the good work by service industry stakeholders and said that India has met all its service commitments that it had across the world without failure throughout the last 15-16 months. \u201cOur services exports are back to 97% level of the previous year,\u201d he said.<\/strong><\/span><\/p>\n

Shri Goyal appreciated the efforts taken by the IACC for choosing such a relevant topic at such crucial times when the world is fighting the Pandemic. \u201cThe IACC who has always been at the forefront of strengthening the Indo US relations has initiated this dialogue at a very critical time,\u201d he said.<\/strong><\/span><\/p>\n

YouTube Link<\/u><\/strong><\/span><\/p>\n

Union Minister Piyush Goyal\u2019s address during 2nd Indo-US Services Summit can be watched<\/em>\u00a0here\u00a0https:\/\/youtu.be\/5rvMBxXuldw<\/a><\/strong><\/span><\/p>\n

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