Long-term global capital is showing a growing interest in India, according to Commerce and Industry Minister Piyush Goyal. He highlighted that recent discussions with prominent investors from New York and Toronto have reinforced confidence in India’s future growth prospects.
Speaking at the ‘Citi India Conference 2026’ in Mumbai, Goyal emphasized India’s position as a trusted investment destination globally. He outlined the government’s initiatives to enhance manufacturing, ease of doing business, infrastructure development, technology adoption, and international trade engagement.
Goyal addressed international investors and business leaders, noting India’s status as the world’s fastest-growing economy. He expressed optimism that India will maintain this growth momentum for the next two decades. India has consistently leveraged challenges into opportunities, adapting business strategies to changing economic and geopolitical landscapes while remaining an attractive hub for trade, business, and investments.
During his visit to Canada with a significant business delegation, Goyal received positive feedback on a proposed India-Canada Free Trade Agreement. He highlighted strong interest from pension funds, insurance companies, and other institutional investors. Discussions with investment firms and companies in New York further reinforced India’s reputation as a reliable manufacturing hub and a secure investment destination supported by democracy, rule of law, and technological capabilities.
Goyal cited successful long-term investments in India, such as Hyundai’s entry in 1999 with a $200 million investment. Despite initial infrastructure challenges, Hyundai has thrived in India, generating substantial returns through manufacturing operations. He also mentioned JCB’s success story, exporting products to 130 countries while meeting domestic demand, showcasing India’s capacity for large-scale manufacturing.
Encouraging global investors to join India’s growth journey, Goyal highlighted India’s potential for innovation, design, and advanced manufacturing. He urged investors to bring patient capital to support India’s transition to new technologies and industries.
