Minister Piyush Goyal Urges US Diaspora to Invest in India's Growth
Commerce and Industry Minister Piyush Goyal called on the US-based Indian diaspora to promote India as a prime investment destination, lauding the government's efforts to ease business operations and reduce compliance burdens. He emphasized India's growth potential, particularly in clean energy, and discussed ongoing efforts towards judicial reforms.
- Country:
- India
Commerce and Industry Minister Piyush Goyal on Saturday urged the Indian diaspora in the US to advocate for India as a premier investment destination, citing vast opportunities across multiple sectors.
He outlined various government measures to attract investment, such as easing business procedures, reducing compliance burdens, and opening sectors like space and defense to foreign direct investment.
Goyal implored the diaspora to aid in developing India by 2047, emphasizing the country's growth potential, especially in clean energy with India's expansive renewable energy program. He also discussed the challenges and potential reforms in the judicial system.
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