IT-BT Budget Round Table 2025: "You See No Reason to Worry", Says Piyush Goyal on Trump’s Tariff Rollers
New Delhi, January 15, 2025 – The IT-BT Budget Round Table 2025, a premier event that brings together industry leaders, policymakers, and experts to discuss the future of India’s technology and business landscape, kicked off today with a keynote address by Union Minister for Commerce and Industry, Piyush Goyal. The event, which is being held at the India Habitat Centre in New Delhi, is expected to attract over 500 delegates from across the country.
In his address, Minister Goyal sought to allay concerns over the impact of US President Donald Trump’s recent tariff hikes on India’s IT and business sectors. "You see no reason to worry," he said, emphasizing that India’s economy is robust and well-equipped to handle any external challenges.
"We have a strong foundation in place, and our economy is growing at a steady pace. We are confident that our IT and business sectors will continue to thrive, despite any external pressures," Minister Goyal added.
The IT-BT Budget Round Table 2025 is being held at a time when India’s IT sector is facing significant challenges, including the impact of the COVID-19 pandemic, rising competition from low-cost destinations, and the uncertainty surrounding the US-China trade war. The sector, which is a significant contributor to India’s GDP, has been facing intense pressure to adapt to changing market conditions and technological disruptions.
However, Minister Goyal expressed optimism about the sector’s future prospects, citing India’s strong talent pool, innovative spirit, and favorable business environment. "India’s IT sector is a shining example of our country’s capabilities and potential. We are confident that it will continue to be a major driver of growth and employment in the years to come," he said.
The event, which is being organized by the Confederation of Indian Industry (CII), is expected to feature a range of discussions and debates on topics such as the future of work, digital transformation, and the role of technology in driving economic growth. Industry leaders and experts from across the country are expected to participate in the event, which is being supported by leading IT and business organizations.
In his address, Minister Goyal also emphasized the importance of collaboration between the government and industry to drive growth and development. "We believe that the government and industry must work together to create an environment that is conducive to growth and innovation. We are committed to supporting the IT and business sectors, and we are confident that together, we can achieve great things," he said.
The IT-BT Budget Round Table 2025 is expected to be a significant event in the country’s business calendar, providing a platform for industry leaders and policymakers to discuss the future of India’s technology and business landscape.
