Piyush Goyal discusses investment opportunities, bilateral trade relations with U.S. executives, industry leaders in New York

Commerce and Industry Minister Piyush Goyal, who is in the U.S. on an official visit, held a series of meetings with the CEOs of investment and financial giants on Monday

Commerce and Industry Minister Piyush Goyal met with chief executives of leading global corporations as well as industry stakeholders here and discussed investment opportunities in India and areas to further strengthen the bilateral trade partnership with the U.S.

Mr. Goyal, who is in the U.S. on an official visit, held a series of meetings with the CEOs of investment and financial giants on Monday.

Following a meeting with smart and sustainable buildings solutions provider Johnson Controls Chairman and CEO George Oliver, Goyal tweeted that he “exchanged views on enhancing company’s role in decarbonisation & developing sustainable buildings in India.” They also discussed developing security products through Research and Development, the Internet of Things and Artificial Intelligence.

In his meeting with the CEO and Chairman of investment management giant Blackstone Stephen Schwarzman, Mr. Goyal discussed expanding India's investment landscape, including infrastructure, renewables and green hydrogen. They exchanged views on the “deepening of India's capital markets and private equity landscape,” Mr. Goyal said in a separate tweet.

Mr. Goyal met Mastercard CEO Michael Miebach and co-founder and co-Executive Chairman of global investment firm Kohlberg Kravis Roberts & Co, Henry Kravis.

In a tweet after his meeting with Mr. Kravis, Mr. Goyal said he exchanged views on “attractive investment opportunities in India including in infrastructure, manufacturing and startup incubators.” Later, at a business roundtable organised by the U.S.-India Business Council at Nasdaq, Mr. Goyal “spoke about India’s remarkable economic transformation and huge potential. Stronger India-U.S. trade and surging crossflow of investments are adding new value and dynamism to our bilateral partnership.” Earlier in the day, Mr. Goyal addressed a roundtable of stakeholders from industry, think tanks and academia at the Council on Foreign Relations. The interaction focused on strengthening the India-U.S. trade partnership and India’s role as a trusted investment destination. “Discussed wide-ranging issues including India's G20 Presidency,” Mr. Goyal tweeted.

Mr. Goyal began his engagements in New York with a visit to the Tata Innovation Center at Cornell Tech which houses a mix of academic and research teams and corporate offices for technology companies, startups and venture capitalists.