Goyal states that this goal requires a strategic and collaborative effort, building on the momentum of India's expected USD 800 billion in exports this year
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The minister has urged global investors to seize emerging opportunities in India, particularly in high-growth sectors
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Minister Goyal promotes local Indian products at Saudi event, aiming to boost livelihoods for artisans; engages with diaspora on deepening India-Saudi economic ties
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Goyal will also participate in the 8th edition of the Future Investment Initiative (FII) in Riyadh, a crucial platform that brings together global leaders, investors, and innovators
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The Union Minister will advance India-Saudi trade partnerships, co-chair the Economy and Investment Committee, and attend the Future Investment Initiative in Riyadh
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In June 2022, the EU relaunched negotiations with India for a Free Trade Agreement and launched separate negotiations for an Investment Protection Agreement and an Agreement on Geographical Indications
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The minister emphasises the potential for collaboration between India and Germany, leveraging Germany's expertise in precision engineering and India's strength in scaling up infrastructure
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During the meeting, the focus was laid on identifying key hurdles that pharmaceutical exporters encounter
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In his address, Goyal acknowledges the challenges India faces in adopting quality standards, particularly in the face of initial resistance when introducing quality control orders
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Goyal says that the USD 2 billion food park investment will happen in the next two to two-and-a-half years
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