NEW YORK (Diya TV) — Indian Union Minister for Commerce and Industry Piyush Goyal is looking to strengthen India’s global economic ties through a series of high-level meetings with business leaders, policymakers, and international organizations. His engagements in the United States and abroad are meant to highlight India’s growing role as a hub for trade, investment, and innovation.
Goyal met Ajay Banga, president of the World Bank, to discuss deeper collaboration in India’s sustainable development journey. Their talks focused on promoting innovation, building resilient systems, and driving inclusive growth. The meeting underlined the World Bank’s commitment to supporting India’s long-term development agenda.
Goyal also engaged directly with global investors. He met Stephen A. Schwarzman, chairman, CEO, and co-founder of Blackstone, to review the firm’s investment strategy in India. Their discussion reflected growing international confidence in India’s economy and growth potential.
Raj Subramaniam, president and CEO of FedEx, also met with Goyal to explore opportunities in logistics. With India emerging as a key player in global supply chains, the partnership aims to boost efficiency and expand infrastructure in the logistics sector.
India’s ties with the United Arab Emirates received a fresh push when Goyal met Sultan Ahmed bin Sulayem, group chairman and CEO of DP World. They discussed deeper cooperation in logistics and infrastructure, strengthening India-UAE relations in trade and connectivity.
In the technology sector, Goyal met IBM Chairman and CEO Arvind Krishna. Their meeting focused on investing in emerging technologies and leveraging India’s large pool of skilled youth. Both leaders emphasized creating global solutions through joint innovation and collaboration.
Global investors continue to look toward India as an attractive destination. Goyal’s meeting with Harvey Schwartz, CEO of the Carlyle Group, focused on expanding investment in India’s growing economy. He also spoke with Chip Kaye, chairman of Warburg Pincus, about tapping into India’s robust growth potential.
These discussions underline India’s ability to attract long-term foreign capital. The minister stressed the government’s commitment to providing a business-friendly environment and promoting investor confidence.
At an event in New York titled “Session on Energy Security in a Shifting Global Landscape,” organized by India, the US-India Strategic Partnership Forum (USISPF), and ReNew Power, Goyal highlighted India’s leadership in renewable energy. He spoke about Indian Prime Minister Narendra Modi’s vision of “One Sun, One World, One Grid,” a global initiative for clean energy cooperation.
Goyal emphasized the importance of innovation and strong infrastructure in driving the transition toward sustainable energy. He reaffirmed India’s commitment to building a secure energy future that supports both economic growth and environmental goals.
Goyal also engaged with Mukesh Aghi, president and CEO of USISPF, to explore avenues to boost bilateral trade. Discussions centered on enhancing India’s partnership with the United States in technology, innovation, and strategic investments.
The minister met with Italy’s deputy prime minister and foreign minister, Antonio Tajani, to strengthen India-Italy trade relations. The talks focused on expanding cooperation in key industries and building stronger economic ties between the two nations.
The minister is currently leading high-level trade negotiations in the United States. He is joined by a delegation of senior ministry officials, including Special Secretary and India’s Chief Negotiator Rajesh Agrawal.
The negotiations cover trade and non-trade issues, as both countries work toward a comprehensive bilateral trade agreement. A government official confirmed Wednesday that these talks are aimed at resolving outstanding issues and setting the foundation for stronger economic engagement.
