Indian Union Minister for Commerce and Industry, Piyush Goyal, recently met with US Secretary of Commerce, Gina Raimondo, during the India-US CEO Forum in Washington. The discussions focused on deepening collaboration in sectors such as defence, space, semiconductors, telecom, AI, and clean energy. Goyal emphasized the importance of tech and R&D partnerships in critical areas and highlighted opportunities for US investments in India’s upcoming 20 industrial cities to drive mutual growth. The meeting highlighted the potential for enhanced research and development partnerships, particularly in the tech sector, which could foster innovation and growth in both countries.
The two leaders also discussed the opportunities for increased US investments in India, particularly in the upcoming 20 industrial cities that are part of India’s plans for economic expansion. These new industrial hubs are expected to generate mutual benefits by promoting shared growth, job creation, and technological innovation. Goyal’s visit to the USA from September 30 to October 3 included meetings with top executives from major global firms to discuss potential collaborations in various sectors. During his meeting with Ali Dibadj and Sukh Grewal of Janus Henderson Investors, discussions focused on expanding the company’s presence in India.
While addressing the US-India Strategic Partnership Forum’s CEO Roundtable, Goyal highlighted India’s robust economic growth, thriving manufacturing sector, and improved ease of doing business. He emphasized the immense opportunities for global investors in India and invited American businesses to be part of the country’s growth journey. Goyal’s visit aimed to foster stronger bilateral ties and promote global progress through collaborations with American businesses. The focus on tech and R&D partnerships in critical sectors is seen as vital for both nations’ economic and technological advancement.
The meeting between Goyal and Raimondo in Washington also touched upon the prospects of tech and R&D collaborations in areas such as defence, space, semiconductors, telecom, AI, and clean energy. The discussions highlighted the importance of fostering innovation and growth through enhanced partnerships in these critical sectors. Goyal’s emphasis on US investments in India’s upcoming industrial cities reflects India’s ambitious plans for economic expansion and the potential for mutual growth, job creation, and technological innovation in both countries.
Goyal’s interactions with top executives from major global firms during his visit to the USA aimed to explore potential collaborations in various sectors and expand opportunities for investment in India. His meeting with Janus Henderson Investors focused on expanding the company’s presence in India, highlighting the potential for growth and opportunities in the country’s dynamic business environment. Goyal’s efforts to promote stronger bilateral ties and drive global progress through collaborations with American businesses underscore India’s commitment to fostering innovation, growth, and mutual economic prosperity through strategic partnerships with key stakeholders. The focus on critical sectors such as defence, space, semiconductors, telecom, AI, and clean energy highlights the importance of tech and R&D collaborations in advancing economic and technological advancements in both nations.
