Piyush Goyal meets US business leaders, diaspora to bolster investment and trade

North News

New Delhi, October 3

Union Commerce and Industry Minister Piyush Goyal held a series of meetings with U.S. business leaders and members of the Indian diaspora in New York, seeking to strengthen India’s position as a global manufacturing hub and attract investment. During the discussions, Goyal invited investors to expand their commercial presence in India and offered insights into the government’s ongoing efforts to improve the ease of doing business. The minister solicited feedback from key business figures on further enhancing India’s business environment. On the second day of his US visit, Goyal met with high-profile investors, including BlackRock Chief Operating Officer Robert Goldstein, Systems Technology Group Chairman and CEO Anup Popat, Tillman Holdings CEO Sanjiv Ahuja, C4V CEO Shailesh Upreti, and Janus Henderson Investors CEO Ali Dibadj. Goyal also had an interaction with Dev Pragad, CEO of Newsweek, a young entrepreneur of Indian origin who has made significant contributions to the media industry. At a luncheon meeting with members of the U.S.-India Strategic Partnership Forum (USISPF), Goyal reiterated the Indian government’s commitment to streamlining regulations, improving infrastructure, advancing intellectual property reforms, and promoting manufacturing through incentive schemes. Investors voiced optimism over India’s new policies geared toward fostering innovation, creating jobs, and driving sustainable industrial growth. The minister also met with members of Indian diaspora, a nonprofit organization, and representatives from the Institute of Chartered Accountants of India (ICAI) chapters across New York, New Jersey, Philadelphia, and Washington D.C. Discussions focused on the influence of the Indian diaspora on global markets and the opportunities it can unlock for India’s development. In a separate meeting organized by the Consulate General of India in New York, Goyal engaged with business leaders from the gems and jewellery industry, highlighting India’s position as a major player in the global market. He emphasized the potential for increased collaboration and investment, which could spur growth in the sector and deepen ties between the two markets. The meetings are part of India’s broader effort to strengthen its economic ties with the U.S. and leverage its diaspora for global trade and development.