Union Minister for Commerce and Industry, Piyush Goyal, conducted a series of high-level meetings with global business leaders, CEOs, and policymakers during his recent visit to the United States, reinforcing India’s position as a key destination for trade, investment, and innovation.
During the visit, Goyal met Stephen A. Schwarzman, Chairman, CEO, and Co-Founder of Blackstone, to discuss the firm’s investment plans in India, reflecting sustained global investor confidence in the Indian economy. He also engaged with Raj Subramaniam, President & CEO of FedEx, exploring collaborative opportunities in India’s rapidly expanding logistics sector and its growing role in global supply chains.
Further strengthening international partnerships, Goyal met Sultan Ahmed bin Sulayem, Group Chairman & CEO of DP World, to deepen cooperation in logistics and infrastructure, and IBM Chairman and CEO Arvind Krishna, to focus on technology partnerships, investment in emerging technologies, and leveraging India’s young talent pool for global solutions.
In addition, discussions with Harvey Schwartz, CEO of Carlyle Group, and Chip Kaye, Chairman of Warburg Pincus, centered on expanding investment avenues and tapping into India’s robust growth potential. Goyal also held talks with Ajay Banga, President of the World Bank, to explore collaboration in accelerating sustainable development through innovation, inclusive growth, and resilient systems.
At a session titled ‘Energy Security in a Shifting Global Landscape’, organized by India in New York, the US-India Strategic Partnership Forum (USISPF), and ReNew Power, Goyal highlighted Prime Minister Narendra Modi’s vision of “One Sun, One World, One Grid”, emphasizing India’s commitment to a sustainable energy future and the need for innovation and robust infrastructure to drive the global clean energy transition.
Engaging 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 leading high-level trade negotiations in the US to advance a comprehensive bilateral trade agreement. He is accompanied by a senior delegation, including Special Secretary and India’s Chief Negotiator Rajesh Agrawal, engaging with American counterparts on both trade and non-trade issues.