Union Minister of Commerce and Industry Shri Piyush Goyal addressed the American Chamber of Commerce Leadership Summit in New Delhi, outlining how India and the United States are deepening cooperation across technology, defence, and trade. He linked this partnership to a series of domestic initiatives aimed at boosting manufacturing, MSME competitiveness, and infrastructure.
Key Developments
- India‑US partnership is being leveraged for investments worth over US$60 billion, including data‑centre projects by Amazon and Google.
- The Bhavya scheme will develop 100 new industrial parks that combine factories, housing, recreation and social facilities.
- The proposed Export Promotion Mission will assist MSMEs in obtaining internationally recognised certifications.
- India’s growth forecast was revised to 6.5 per cent for 2026, despite global crises such as the Ukraine conflict and West Asia tensions.
- India now hosts over 2,100 Global Capability Centres, employing around 2.35 million people and generating close to US$98 billion in revenue.
- The PM Gati Shakti platform is being used to streamline planning of highways, railways, ports and logistics.
Important Facts
India offers a trusted environment for foreign investors, emphasizing respect for intellectual‑property rights and timely delivery of high‑quality output. The country’s talent pool of 1.4 billion aspirational consumers, rising incomes and a growing middle class provide a large domestic market. Renewable energy capacity, especially solar, has risen from less than 2 GW to over 150 GW in twelve years, supporting low‑cost, 24‑hour clean power for data centres and advanced manufacturing.
The government’s holistic approach integrates industrial infrastructure with worker amenities, reducing logistics costs and creating a virtuous cycle of investment and export competitiveness. Recent policy measures such as the Semicon Mission 2 and incentives for critical mineral processing underline the focus on adv