Goyal courts major US firms with India investment opportunities pitch

Commerce and Industry Minister Piyush Goyal has held a series of meetings with senior executives from major US corporations including Target, Mondelez, Aon, Cognition, ADM and Nike, according to official sources. The interactions focused on presenting India's evolving business landscape and investment opportunities to global multinational enterprises.

During the meetings, Goyal outlined India's expanding manufacturing ecosystem, emphasizing the country's capabilities in production efficiency, supply chain integration and cost competitiveness. He also highlighted India's substantial and growing consumer market, positioning the nation as a destination for companies seeking to tap into one of the world's fastest-growing economies.

The minister's engagement with the US firms also covered India's advances in artificial intelligence and digital technologies, underscoring the country's technological prowess and innovation potential. This aspect of the pitch seeks to attract investment in high-value sectors beyond traditional manufacturing.

Goyal's outreach reflects India's broader strategy to position itself as a preferred investment destination amid global supply chain diversification efforts. The interactions with multinational corporations across retail, consumer goods, insurance, technology and agriculture sectors demonstrate the government's multi-sector approach to attracting foreign direct investment and creating employment opportunities domestically.