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Piyush Goyal engages with global industry leaders in New York to boost India-US economic ties

Union Commerce and Industry Minister Piyush Goyal on Thursday held discussions with more than 50 leading global business and industry executives in New York as part of efforts to deepen India-US trade, investment, innovation and supply-chain partnerships.

The roundtable meeting was hosted by the Consulate General of India, New York in collaboration with the US-India Strategic Partnership Forum.

In a post on X, Goyal said he highlighted India’s strong economic growth story, reform-driven business environment and expanding opportunities for global investors under the leadership of Prime Minister Narendra Modi.

“Discussed ways to further deepen India-US trade, investment, innovation and supply-chain partnerships for shared prosperity,” the minister said.

During his visit, Goyal held separate meetings with senior executives of major global companies and investment firms to explore collaboration opportunities across sectors.

He met Harvey M. Schwartz, Chief Executive Officer and Director of The Carlyle Group, where discussions focused on investment opportunities in India’s emerging sectors supported by strong macroeconomic fundamentals and policy stability.

The minister also met Ted Pick, Chairman and CEO of Morgan Stanley, to discuss strengthening long-term investments and institutional partnerships in India. The discussions also explored opportunities across various sectors of the Indian economy.

In another meeting, Goyal interacted with Chip Kaye, Chairman of Warburg Pincus. The two sides exchanged views on the evolving global investment landscape and India’s emergence as a major hub for growth and innovation.

Goyal highlighted India’s scale, skilled workforce, rising domestic demand and policy reforms as key drivers attracting global investment.

The Minister also met Chintu Patel of Amneal Pharmaceuticals to discuss investment opportunities in India’s pharmaceutical sector and possibilities for deeper collaboration in healthcare innovation.

In addition, he held talks with Michael Miebach, CEO of Mastercard, focusing on cooperation in digital commerce, cybersecurity and next-generation payment solutions.

The discussions centred on India’s expanding digital economy, robust digital public infrastructure and its growing position as a global hub for fintech innovation.

The meetings form part of India’s broader outreach to strengthen economic engagement with the United States and attract greater global investment into key sectors of the economy.

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