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Key Points

Commerce Minister Piyush Goyal is actively engaging with top global business leaders in the US to attract investment. He held meetings with CEOs from major firms like Blackstone, FedEx, and IBM to discuss opportunities in India. The discussions focused on sectors including logistics, technology, and infrastructure, reinforcing India's growth story. Goyal is also leading high-level trade negotiations aimed at concluding a comprehensive bilateral trade agreement with the United States.

Key Points: Piyush Goyal Meets Blackstone FedEx CEOs to Boost India Trade Investment

  • Goyal discussed Blackstone's investment plans reflecting global confidence in India's economy
  • Explored logistics collaboration with FedEx CEO for India's expanding supply chains
  • Met IBM's Arvind Krishna to strengthen tech partnerships and leverage young talent
  • Held talks with World Bank's Ajay Banga on accelerating India's sustainable development
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Piyush Goyal engages with global business leaders in US to boost trade, investment in India

Commerce Minister Piyush Goyal meets global CEOs from Blackstone, FedEx, IBM, and Carlyle to drive investment and strengthen India-US trade partnerships.

"One Sun, One World, One Grid - Piyush Goyal, highlighting PM Modi's vision"

New York, September 25

Union Minister for Commerce and Industry, Piyush Goyal, held a series of high-level meetings with global CEOs, business leaders, and policymakers during his recent visit to the United States and other international engagements, reinforcing India's position as a key destination for trade, investment, and innovation.

Goyal met Stephen A. Schwarzman, Chairman, CEO, and Co-Founder of Blackstone, and they discussed the firm's investment plans in India, reflecting continued global investor confidence in the Indian economy.

He also met Raj Subramaniam, President & CEO of FedEx, to explore collaborative opportunities in India's rapidly expanding logistics sector and its growing role in global supply chains.

Strengthening the India-UAE partnership, Goyal held discussions with Sultan Ahmed bin Sulayem, Group Chairman & CEO of DP World, to deepen cooperation in logistics and infrastructure.

Similarly, his meeting with IBM Chairman and CEO Arvind Krishna focused on strengthening tech partnerships, investing in emerging technologies, and leveraging India's young talent pool to create global solutions.

In another significant meeting, Goyal spoke with Harvey Schwartz, CEO of Carlyle Group, on expanding investment avenues in India's resilient and innovation-driven economy. Furthering this momentum, he had fruitful discussions with Chip Kaye, Chairman of Warburg Pincus, on tapping into India's robust growth potential.

Goyal also met Ajay Banga, President of the World Bank, to explore deeper collaboration in accelerating India's sustainable development through innovation, inclusive growth, and resilient systems.

At an event titled 'Session on Energy Security in a Shifting Global Landscape'--organised by India in New York, the US-India Strategic Partnership Forum (USISPF), and ReNew Power--the minister highlighted Prime Minister Narendra Modi's vision of "One Sun, One World, One Grid." He underlined India's commitment to a sustainable energy future and the need for innovation and robust infrastructure to drive the global clean energy transition.

In engagements with Mukesh Aghi, President & CEO of USISPF, and Italy's Deputy Prime Minister and Foreign Minister Antonio Tajani, Goyal discussed avenues to enhance bilateral trade and investment, particularly with strategic partners like the United States and Italy.

Goyal is currently in the United States leading high-level trade negotiations as both nations work toward concluding a comprehensive bilateral trade agreement, a government official confirmed Wednesday.

Goyal, accompanied by a delegation of senior ministry officials including Special Secretary and India's Chief Negotiator Rajesh Agrawal, is engaged in discussions covering both trade and non-trade issues with American counterparts.

- ANI

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Reader Comments

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Rohit P
Hope these meetings translate into actual investments on the ground. We've seen many such announcements before - need to see results for MSMEs and local businesses.
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Arjun K
The energy security focus is particularly important. "One Sun, One World, One Grid" is a visionary concept that positions India as a global leader in renewable energy. Great strategic thinking!
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Sarah B
As someone working in the tech sector, I'm excited about the IBM partnership. India's young talent pool combined with global tech giants can create amazing innovations. Hope this creates more opportunities for Indian engineers and developers.
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Vikram M
While I appreciate the efforts, I hope the trade agreement with US doesn't compromise our domestic industries. We need balanced deals that protect Indian farmers and small businesses.
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Michael C
The logistics sector expansion with FedEx and DP World is smart. With e-commerce booming in India, efficient supply chains will boost our exports and make goods more affordable for consumers.
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Ananya R
Good to see India engaging with multiple countries and companies simultaneously. This diversified approach reduces dependency and gives us better negotiating power. Jai Hind! 🙏

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