Piyush Goyal Seeks Higher Japanese Investment, Pitches India as Manufacturing Hub for the World

Piyush Goyal seeks higher Japanese investment, pitches India as manufacturing hub for the world

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Piyush Goyal urges Japanese firms to double presence in India by 2030

The commerce minister’s Tokyo visit targets expanded investments across semiconductors, clean energy, and resilient supply chains to deepen bilateral ties.

Piyush Goyal seeks higher Japanese investment, pitches India as manufacturing hub for the world - The Tribune

Goyal also highlighted India's expanding network of free trade agreements, noting the country now has preferential market access to economies worth a combined USD 70 trillion in GDP, up sharply from around USD 10 trillion before 2014

Piyush Goyal says India eyes $4 trillion to $30 trillion by 2047, wants to double Japanese firms

Union Minister Piyush Goyal told JIBCC in Tokyo that India aims to grow from "a $4 trillion economy today to a $30 trillion economy by 2047" and wants to double Japanese firms in India this decade, citing Suzuki's operations and saying "market cap of Suzuki in India is higher than the market cap of the parent company itself" and seeking "1,580 Suzukis being created out of India," according to his remarks.

India and Japan Target New Investment in Energy Mobility

Commerce and Industry Minister Piyush Goyal met senior Japanese business leaders in Tokyo to expand investment and manufacturing partnerships with India. Goyal met executives from Sumitomo Corporation, Meiji Seika Pharma and Mitsubishi Corporation during his four-day Japan visit. He is leading a nearly 200-member business delegation focused on strengthening India-Japan economic ties. With Sumitomo Corporation, Goyal discussed opportunities in en…

India and Japan Aim to Double Corporate Presence amid Historic 75th Anniversary Push – The Indian Awaaz

Last Updated on August 25, 2026 12:27 am by INDIAN AWAAZ AMN / TOKYO Union Minister for Commerce and Industry Piyush Goyal has called for a dramatic expansion of commercial ties between New Delhi and Tokyo, urging Japanese enterprises to double their operating presence in India within the decade. Addressing a high-profile round-table with Keidanren—the apex economic organization representing over 1,500 leading Japanese companies—Shri Goyal empha…