Finance
Union Minister of Commerce and Industry Shri Piyush Goyal held a series of meetings with several senior leaders of leading U.S. companies in New York this week to discuss opportunities for strengthening India–U.S. trade and to invite top US companies to explore investment opportunities in India.
Shri Goyal met President & COO of Blackstone Mr. Jonathan Gray, and Chairman of Blackstone’s International Private Equity business Mr. Prakash Melwani. Discussions focused on expanding Blackstone’s investments and partnerships in India across key sectors.
The Minister met Chairman & CEO of Neuberger Berman Mr. 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.
Shri Goyal met President & CEO of The Estée Lauder Companies Mr. Stéphane de La Faverie. They discussed growth opportunities in India, including through increased manufacturing and sourcing, and India’s growing beauty and personal care market.
In his meeting with Chairman and CEO of IBM Mr. Arvind Krishna, discussions focused on further strengthening IBM’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 Mr. Michel A. Khalaf, discussions focused on the company’s growth opportunities in India and the expanding insurance and financial services sector.
The Minister met Chairman & CEO of General Atlantic Mr. William E. Ford, and discussed opportunities to further deepen the company’s investment and business engagement with India.
Shri Goyal also met Non-Executive Chairman of AIA Group Mr. 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–U.S. economic and commercial ties.
Source: PIB
