your password has been reset successfully, Please login again.

American Businesses Invited to Look India as Next Investment Destination: Piyush Goyal

Addressing the India Chamber of Commerce USA's Summit virtually, Goyal said that the Indian Government is committed to being bold, open, and change
BY BEx Bureau
Oct 08, 2020

The Minister of Union Commerce Industry and Railways, Piyush Goyal has invited the American businesses to be a part of Prime Minister's vision, and look at India as their next investment destination. Addressing the India Chamber of Commerce USA's Summit on Global Financial Investment Leadership virtually, he said that the Indian Government is committed to being bold, open, and change.

"Let's work together in the spirit of oneness. Let's engage with each other I am sure we have a bright future for the shared prosperity of the people of the US India," Goyal said in the meeting.

Stating that the US-India relationship will grow from strength to strength in the years to come, Goyal said that we are at the cusp of a very enduring relationship. He said that the US and India have a long journey ahead of us working together leveraging on huge reform measures that Prime Minister, Narendra Modi has taken under Atma Nirbhar Bharat.

"We are partners who trust each other and we can make rapid strides to provide a trusted source to the American businesses to work with a country which is transparent where there is rule-based trading and dialogue. The bilateral trade between the US and India grew from $126 billion in 2017 to $145 billion in 2019. The target we have set of $500 billion in the next 5 years is eminently doable."

The Minister said that India today is moving out of the past into a mindset of high-quality products, greater global engagement, and greater share of world trade. He said that this is not time for a conservative approach, it's time for bold decisions and investments.

Please add your Comment
October 21, 2020
The MSME Ministry has now written to the top management of more than 2800 corporates by name to make ...More
By Jaspreet Kaur
October 16, 2020
During ‘Great Indian Festival’, Amazon Business customers can access a wide range of exciting new la ...More
By Jaspreet Kaur
October 07, 2020
The minister of Skill Development and Entrepreneurship mentioned the importance of Atma Nirbhar Skil ...More
By Jaspreet Kaur
October 06, 2020
Indian Bank, which is a public sector bank, has rolled out ‘MSME Prerana’-- an online business mento ...More
By Jaspreet Kaur
September 29, 2020
According to Vidhi Centre for Legal Policy’s report, MSMEs have been traditionally underserved by th ...More
By Jaspreet Kaur
September 28, 2020
Under Faceless Appeals, all income tax appeals will be finalised in a faceless manner under the face ...More
By Jaspreet Kaur
September 22, 2020
To understand the problems dealt in the textile sector, the government has conducted a study namely, ...More
By Jaspreet Kaur
September 19, 2020
The Union Minister of Commerce and Industry, Piyush Goyal has lately stated key steps taken by the g ...More
By Jaspreet Kaur
September 18, 2020
The Ministry of Micro Small and Medium Enterprises comes out with new guidelines for two more scheme ...More
By Jaspreet Kaur
April 22, 2020
In unfavourable conditions, Indian companies are taking panicked decisions and opting for bridge rou ...More
By Jaspreet Kaur
April 04, 2020
Aavishkaar has wholly exited from Sara Plast, which is a portable sanitation services company ...More
By Jaspreet Kaur
March 10, 2020
The startup essentially concentrates on hosting online events; its funding round was led by Accel In ...More
By Jaspreet Kaur
Our web site uses cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. Make an Informed decision OK x