Commerce & Industry Minister Goyal pushes for collaboration in energy transition, digital transformation during Saudi Arabia visit

Commerce and Industry Minister Piyush Goyal at the Future Investment Initiative in Riyadh, Saudi Arabia on October 30, 2024. Piyush Goyal calls on international investors to explore emerging opportunities in India Union Minister of Commerce and Industry Piyush Goyal has concluded a productive visit to the Kingdom of Saudi Arabia, marking a new chapter in the India-Saudi economic relationship. During his visit on October 29-30, 2024, Goyal participated in the 8th Edition of the Future Investment Initiative (FII) in Riyadh, where he represented India in discussions alongside global leaders and industry representatives. His visit emphasised India’s commitment to fostering international partnerships, promoting economic diplomacy, and advancing India-Saudi ties. The FII, a flagship event in Saudi Arabia’s investment landscape, serves as a platform for global economic collaboration. Goyal called on international investors to explore emerging opportunities in India, especially in high-potential sectors like artificial intelligence, renewable energy, digital infrastructure, and advanced manufacturing. He underscored India’s unique position as a growth driver in these fields and encouraged foreign investments to support India’s journey toward a tech-driven economy. India-Saudi Strategic Partnership Council Goyal co-chaired the 2nd Ministerial Meeting of the Economy and Investment Committee under the India-Saudi Strategic Partnership Council (SPC), alongside […]

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