Minister holds investment talks with US-based executives
Minister of Commerce and Industry Piyush Goyal have discussed opportunities for strengthening India–US trade with several senior leaders of leading US companies in New York, and extended invitation to them to explore investment opportunities in India.
He met President & COO of Blackstone Jonathan Gray, and Chairman of Blackstone’s International Private Equity business Prakash Melwani. Discussions focused on expanding Blackstone’s investments and partnerships in India across key sectors, the Ministry of Commerce and Industry said on 7 Oct.
The Minister met Chairman & CEO of Neuberger Berman, George Walker, and senior members of its leadership team. Discussions covered opportunities to deepen investment linkages and strengthen engagement in financial and wealth management services.
Goyal discussed with President & CEO of The Estée Lauder Companies Stéphane de La Faverie growth opportunities in India, including through increased manufacturing and sourcing, and India’s growing beauty and personal care market https://www.elcompanies.com/en/ .
He also urged Chairman and CEO of IBM Arvind Krishna to further strengthen the group’s engagement in India and expanding collaboration in AI, cloud infrastructure, quantum computing and other emerging technologies.
In his meeting with President and CEO of MetLife Michel A. Khalaf, Goyal discussed the company’s growth opportunities in India and the expanding insurance and financial services sector.
The Minister called on Chairman & CEO of General Atlantic William E. Ford to further deepen the company’s investment and business engagement with India generalatlantic.com .
Goyal also met Non-Executive Chairman of AIA Group Mark Tucker. Discussions focused on AIA’s engagement in India and opportunities in the insurance and financial services sectors, including in the context of India’s vision of ‘Insurance for All by 2047’.
The meetings provided an opportunity to discuss India’s growth prospects and investment opportunities across financial services, manufacturing, energy, technology, AI and other sectors, and ways to further strengthen India–US economic and commercial ties, said the Ministry. Fiinews.com
