Piyush Goyal engages with over 50 global business leaders at New York roundtable
New Delhi, May 29
Union Minister of Commerce and Industry Piyush Goyal on Friday said he engaged with over 50 global business and industry leaders at a roundtable held in New York.
Taking to the microblogging platform X, he stated that the meeting was hosted by the Consulate General of India in New York in collaboration with the US-India Strategic Partnership Forum (USISPF).
In a post, the minister highlighted India's strong growth story, reform-driven business environment and expanding opportunities for global investors under the leadership of Prime Minister Narendra Modi.
He said discussions focused on further deepening India-US trade, investment, innovation, and supply chain partnerships for shared prosperity.
The engagement comes amid India's broader efforts to intensify economic diplomacy with major partner countries, following a series of recent high-level international interactions aimed at boosting trade and investment ties.
Earlier in the week, the minister said that with India-Canada bilateral trade currently at approximately $8.5 billion, both governments remain committed to their shared, ambitious target of expanding it to $50 billion by 2030.
He added that he had a packed schedule of high-impact engagements in Toronto spanning academia, innovation, government, business councils, institutional investors and the diaspora community.
The three-day visit -- covering Ottawa on May 25 and Toronto from May 26 to 28 -- was aimed at strengthening bilateral trade and economic ties between India and Canada, with a special focus on accelerating ongoing negotiations for the India-Canada Comprehensive Economic Partnership Agreement (CEPA).
Earlier in May, the minister said that the deliberations took place between him and a delegation led by Jeff Shockey, Executive Vice President, Government Operations, Global Public Policy & Corporate Strategy at Boeing.
— IANS
Reader Comments
Piyush Goyal is doing a commendable job pushing India's economic diplomacy. But I hope the government also focuses on simplifying domestic regulations for small businesses. Big investors are great, but our MSME sector needs equal attention. Still, this engagement is a positive step.
Interesting to see India pitching itself as a manufacturing hub. The supply chain diversification post-COVID is real, and India is smart to position itself as a reliable partner. The discussion with Boeing's Jeff Shockey was particularly significant—defense manufacturing could be a game-changer.
Raising bilateral trade with Canada from $8.5 billion to $50 billion by 2030 is ambitious but achievable with sustained diplomacy. CEPA negotiations need to move faster though—both sides have been talking for years. Hope this visit gives fresh momentum. 🤞
Good to see the minister engaging with the Indian diaspora in Toronto too. The diaspora is one of India's biggest strengths—they can be catalysts for investment and trade. Plus, their remittances are a huge plus for our economy. Keep it up, Goyal ji!
Big picture thinking here—India is clearly trying to counterbalance China's influence in global trade. The focus on supply chain partnerships is smart geopolitics. But I'd like to see more concrete outcomes from these meetings rather than just press releases. Execution is everything.
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