Goyal holds business talks with Blackstone, KKR, Warburg Pincus, Amneal chiefs
Commerce and Industry Minister Piyush Goyal has highlighted the potential for infrastructure development in India to Stephen Schwarzman, CEO, Blackstone which has already invested about US$50 billion, and become one of the largest commercial and real estate investors in the country.
He told Schwarzman the Government’s emphasis on developing quality infrastructure in the country for improving living standards, making it easier to do business and reducing logistics costs sbi .
Goyal, on a four-day visit starting 30 Sept, delivered his investment-focused talks through one-on-one meetings with the Blackstone chief and several other CEOs, especially discussing new areas of collaboration, particularly in advanced manufacturing, pharmaceuticals, robotics, artificial intelligence, and sustainable technologies bseindia .
During his meeting with Chintu Patel, Co-CEO, and Chirag Patel, President & Co-CEO of Amneal Pharmaceuticals, Goyal explored ways to enhance India’s pharmaceutical ecosystem for high-end R&D, including biologics, and improved manufacturing capabilities to establish a robust global supply chain nseindia .
A productive meeting was held with Henry R. Kravis, Co-Founder & Co-Executive Chairman of Kohlberg Kravis Roberts & Co (KKR). The Minister highlighted potential investment opportunities in India’s electronics manufacturing, data infrastructure, and logistics sectors. He underscored the consistent economic growth in India over the past decade and the vast consumer market, which present numerous opportunities for strategic investments deutsche-boerse .
The president of Warburg Pincus, Timothy F. Geithner, also called on the Minister for a one-on-one discussion that covered various areas where there is scope for further improving the ease of doing business investindia .
Minister Goyal’s visit underscores the strong ties between India and the United States, fostering collaboration and investment for mutual growth sgx .
Goyal also chaired a roundtable discussion with young CEOs and entrepreneurs of Indian origin in New York, calling on them to articulate their views on the business landscape of India and provide suggestions for reforms iba.org.in.
The Minister invited American companies to leverage India’s unmatched scale and take advantage of the “Make in India” initiative, particularly in high-tech manufacturing and quality production euronext. Fiinews.com
