In his remarks, Goyal emphasized the transformative reforms undertaken under the leadership of Prime Minister Narendra Modi, which have fueled India’s remarkable growth over the past decade.
Union Minister of Commerce and Industry Piyush Goyal on Thursday met US Commerce Secretary Gina Raimondo on the sidelines of the India-US CEO Forum.
Goyal said they discussed the prospects of collaboration in technology and research and development in various sectors.
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In a post on collaboration between technology and R&D in critical sectors such as defence, space, semiconductors, telecom, artificial intelligence and clean energy We also discussed opportunities for US investments in India’s next 20 industrial cities to foster mutual growth.”
Goyal began his four-day visit to the United States on September 30. The tour began with conversations with current and potential American investors, highlighting avenues for cooperation in various sectors, according to a statement from the Ministry of Commerce and Industry.
Piyush Goyal had one-on-one interactions with top investors including Blackstone CEO Stephen Schwarzman, KKR Co-Founder and Co-CEO Henry R. Kravis, and Warburg Pincus Chairman Timothy F. Geithner in New York at an attempt to boost US investment in India. On Day 1, Goyal chaired a panel discussion with young CEOs and entrepreneurs of Indian origin in New York organized by the Consulate General of India. The interaction session allowed the young entrepreneurs to articulate their views on India’s business landscape and offer suggestions for reforms.
In his remarks, Goyal emphasized the transformative reforms undertaken under the leadership of Prime Minister Narendra Modi, which have fueled India’s remarkable growth over the past decade. He invited American companies to take advantage of India’s unparalleled scale and leverage the “Make in India” initiative, particularly in high-tech manufacturing and quality production.
In Washington, the minister also paid tribute to Mahatma Gandhi on his birth anniversary.
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First published: October 3, 2024 | 7:26 a.m. IS
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