Piyush Goyal to lead business delegation to Spain, Belgium and Finland to deepen trade, investment ties
New Delhi, July 12
Union Commerce and Industry Minister Piyush Goyal will lead a high-level Indian business delegation on a five-day visit to Spain, Belgium and Finland from July 13 to 17, as India seeks to deepen its economic engagement with Europe through enhanced cooperation in trade, investment, technology, innovation and sustainability, it was announced on Sunday.
The delegation will include leading Indian companies from sectors such as advanced manufacturing, clean energy, digital technologies, gems and jewellery, food processing, healthcare and design. The visit is aimed at expanding business-to-business partnerships and exploring new opportunities for collaboration with European industries, the Ministry of Commerce & Industry said.
The visit will begin in Spain on July 13, where Goyal will participate in a business roundtable jointly organised by the Chamber of Commerce of Spain, CEOE and ICEX Spain Trade & Investment. The discussions are expected to focus on sectors including automotive, renewable energy, railways, artificial intelligence, semiconductors, food processing and tourism.
The meeting will bring together industry leaders from both countries at a time when India and Spain are celebrating the Spain-India Dual Year 2026, marking 70 years of diplomatic relations. Several Spanish companies, including Iberdrola, Acciona, CAF, Talgo, Gestamp and Indra, have already established a strong presence in India, while Indian technology and engineering firms such as TCS, Infosys, Wipro, Tech Mahindra and Larsen & Toubro are expanding their operations in Spain to support digital transformation and Industry 4.0 initiatives.
In Belgium, where the delegation will travel on July 14 and 15, the minister will visit the Port of Antwerp to study Europe's leading logistics hub and gain insights into multimodal connectivity, green logistics and resilient supply chains.
During the Belgium visit, Goyal will hold CEO-level meetings with senior executives of Thales Group and Silox Group.
The minister will also participate in the India-EU Business Roundtable and the Trade and Technology Council (TTC) Plenary, where discussions will cover foreign direct investment, trade facilitation, sustainable technologies and resilient supply chains.
The final leg of the tour will take the delegation to Finland on July 16 and 17. Goyal will participate in the India-Finland Business Roundtable, engaging with Finnish companies across digitalisation, clean energy, advanced manufacturing and the circular economy.
— IANS
Reader Comments
Piyush Goyal is doing a commendable job in promoting India's economic interests globally. India-EU relations are crucial for technology transfer especially in semiconductors and AI. Let's hope our European partners match our enthusiasm!
Nice to see India focusing on multi-lateral trade partnerships. Belgium's port expertise could really help modernize our logistics at places like Mundra and JNPT. But we need to ensure small businesses also benefit, not just the big corporates!
The fact that Spain's Dual Year 2026 with India is a highlight shows how our ties are growing. Companies like Iberdrola and TCS already have strong presence—more such collaboration can make India a manufacturing hub for Europe. Good going 👍
Positive step but I hope there's concrete follow-up. Many such delegations end with MoUs that gather dust. Focus should be on sectors where Indian MSMEs can actually compete, not just IT and manufacturing giants. Food processing and tourism need more attention from European partners!
India's push into Europe is smart timing with global supply chains shifting. Finland's expertise in clean tech and digitalisation aligns well with our 'Make in India' and 'Digital India' goals. Let's see if this leads to real investment commitments!
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