Piyush Goyal

November 21, 2024 11:09 PM

India is world’s best place for data centres: Piyush Goyal

India is the best place in the world to provide sustainable infrastructure to the digital world as there are very few countries where there is an interconnected grid in the way that it has, Union Commerce and Industry Minister Piyush Goyal said on Thursday. Addressing the UK-India Business Council "Technology Futures Conference" here, the minister said that by 2030 India would have a thousand-gigawatt grid connected through the length and breadth of the country with a healthy mix of traditional...

November 8, 2024 11:16 PM

Futuristic sectors like AI, Pharma, Electronics and food processing hold tremendous potential for Goa: Piyush Goyal

Goa’s future lies in sectors like data centres, artificial intelligence, pharmaceuticals, electronics, and food processing, according to Union Minister of Commerce and Industry Piyush Goyal. Addressing the Amazing Goa Business Summit, Goyal emphasized the state’s growing potential beyond its tourism industry. While Goa is traditionally known for its tourism, Goyal stressed that these modern, high-tech sectors can significantly boost the state’s economy. "Goa holds tremendous potential in ...

October 30, 2024 6:08 PM

Commerce minister leads high-stakes business discussions in Saudi Arabia, inaugurates Diwali

Commerce Minister of India Piyush Goyal embarked on a comprehensive diplomatic mission in Riyadh on Wednesday, marking significant strides in Indo-Saudi relations through a series of high-level meetings and cultural engagements. The day commenced with Minister Goyal's participation in a panel discussion at the Future Investment Summit, followed by the inauguration of 'Lulu Wali Diwali' at Lulu Hypermarket in Riyadh, highlighting the growing cultural bonds between the two nations. In a series b...

October 25, 2024 4:48 PM

Piyush Goyal calls for mutual respect for faster negotiations of India-EU free trade agreement

Union Minister Piyush Goyal emphasized the potential for a deeper strategic partnership between India and the European Union (EU), at the 18th Asia Pacific Conference of German Business on Friday in New Delhi. He advocated for mutual respect and understanding in the negotiations of Free Trade Agreement (FTA) between the two sides. "India can offer a very large market with 1.4 billion aspirational and younger. I believe in India, EU, deeper engagement, possibly an FTA will benefit both sides. Y...

October 8, 2024 5:06 PM

India and UAE to interlink payment systems for smooth cross-border transactions

Union Commerce Minister Piyush Goyal announced that India and the UAE are working on interlinking India’s Unified Payments Interface (UPI) with the UAE’s AANI system to enable seamless cross-border transactions between the two countries. This move is set to benefit the over 3 million Indians residing in the UAE, allowing them to use the power of UPI and AANI for smoother financial exchanges. Goyal announced during a press conference following the 12th meeting of the India-UAE High-Level Joi...

October 4, 2024 11:12 AM

Piyush Goyal promotes India as a global manufacturing hub at CSIS event in US

Union Minister of Commerce and Industry, Piyush Goyal, on Thursday promoted India as a global manufacturing powerhouse, emphasizing the impact of reforms, diversification, and localized supply chains. Speaking at an event organized by the American think tank Center for Strategic and International Studies (CSIS) in Washington, D.C., Goyal delivered a keynote address on “India's Evolving Manufacturing Landscape.” He underscored the benefits of the ‘Make in India’ initiative, which has cap...

October 4, 2024 9:27 AM

India regards US as one of our most reliable trade partners: Piyush Goyal

Union Minister of Commerce and Industry, Piyush Goyal, on Friday stated that US-India relations are expanding across various sectors, including trade, technology, and investment. Goyal emphasised that India places great importance on its relationship with the United States. "Let me be clear: India regards the United States as one of our most reliable trade partners. We are increasingly expanding our relations and trade across goods, services, technology, and investment. We deeply value this par...

October 3, 2024 4:02 PM

Commerce Minister Piyush Goyal engages with business leaders and Indian diaspora during U.S. visit

Union Commerce and Industry Minister Piyush Goyal engaged with key business leaders and members of the Indian diaspora during the second day of his U.S. visit, aiming to strengthen economic ties and encourage investment in India. Goyal met with leading investors, including Robert Goldstein, Chief Operating Officer of BlackRock; Anup Popat, Chairman and CEO of Systems Technology Group; Sanjiv Ahuja, CEO of Tillman Holdings; Shailesh Upreti, CEO of C4V; and Ali Dibadj, CEO of Janus Henderson Inve...

October 3, 2024 10:48 AM

Piyush Goyal, Gina Raimondo discuss US investment in 20 upcoming industrial cities in India

Commerce Minister Piyush Goyal, currently visiting the United States, on Wednesday met with US Secretary of Commerce Gina Raimondo during the India-US CEO Forum. The meeting focused on enhancing bilateral cooperation and exploring new investment opportunities, particularly in the 20 upcoming industrial cities in India. The two leaders emphasized joint efforts in key sectors such as defence, space, semiconductors, telecommunications, artificial intelligence (AI), and clean energy, highlighting t...

September 29, 2024 5:27 PM

Piyush Goyal to visit USA for high-level trade talks and industry engagement

At the invitation of the United States Secretary of Commerce, Gina Raimondo, Union Minister of Commerce and Industry, Piyush Goyal, is set to visit the United States from September 30 to October 3, 2024. The visit aims to strengthen economic ties between the two nations and explore avenues for mutual trade and investment growth. During the visit, Minister Goyal will co-chair the India-USA CEO Forum on October 2, and the 6th India-USA Commercial Dialogue on October 3, in Washington, D.C. Alongsi...