Consumer Durables News

Piyush Goyal discusses investment opportunities with US executives in NY


Later, at a business roundtable organised by the US-India Business Council at Nasdaq, Goyal “spoke about India’s remarkable economic transformation and huge potential. Stronger India-US trade and surging crossflow of investments are adding new value and dynamism to our bilateral partnership.”

Earlier in the day, Goyal addressed a roundtable of stakeholders from industry, think tanks and academia at the Council on Foreign Relations.

The interaction focused on strengthening the India-US trade partnership and India’s role as a trusted investment destination. “Discussed wide-ranging issues including India’s G20 Presidency,” Goyal tweeted.

Goyal began his engagements in New York with a visit to the Tata Innovation Center at Cornell Tech which houses a mix of academic and research teams and corporate offices for technology companies, startups and venture capitalists.

He said Tata Innovation Center’s work in “cutting-edge technology is a testimony to India-US cooperation in the sector, enhancing our mutual competitiveness & productivity.” After arriving in New York Sunday, Goyal addressed members of the diaspora at a community reception in Edison, New Jersey where he lauded contributions made by members of the Indian-American community in strengthening bilateral relations.

He will travel to Washington DC Tuesday and will attend the 13th Trade Policy Forum (TPF) meeting on January 11. He will also hold a bilateral meeting with US Trade Representative Ambassador Katherine Tai.

According to the data of the commerce ministry, in 2021-22, the bilateral trade between the US and India stood at USD 119.42 billion as against USD 80.51 billion in 2020-21.



Source link