"Why Pay $10B In US?"- Piyush Goyal Reveals How India Is Ruthlessly Killing The Assembly Image!

In a powerful address, Union Commerce and Industry Minister Piyush Goyal highlighted that US companies have generated over 10 million direct and ecosystem jobs in India. Proclaiming that India is rapidly transitioning from a basic "assembly economy" to a global IP and R&D powerhouse, Goyal revealed that high-tech innovation costing $10 billion in the US can be completed in India at a fraction of the cost. He credited Global Capability Centers (GCCs) and PM Modi's Digital India backbone for taking AI and cutting-edge tech deep into Tier-2 and Tier-3 towns.