Union Minister of Commerce and Industry, Shri Piyush Goyal, emphasized that the future partnership between India and Qatar will be built on the pillars of sustainability, technology, entrepreneurship, and energy. Speaking at the inaugural session of the India-Qatar Business Forum in New Delhi, Goyal outlined that both nations share a strong foundation in trust, trade, and tradition, and are well-positioned to tackle emerging global challenges, including geopolitical tensions, climate change, and cybersecurity threats.
Highlighting the shift in trade dynamics, the Minister noted that the relationship between India and Qatar is evolving beyond traditional energy trade to incorporate cutting-edge technologies like artificial intelligence, Internet of Things (IoT), quantum computing, and semiconductors. These shifts reflect the changing global landscape and offer new opportunities for collaboration.
Shri Goyal also spoke of the two MoUs signed between the Qatari Businessmen Association (QBA) and the Confederation of Indian Industry (CII), and another between Invest Qatar and Invest India, aimed at fostering further business growth. Additionally, the Joint Working Group on trade and commerce has been elevated to the Ministerial level.
Piyush Goyal quoted Prime Minister Narendra Modi, saying, “Today, be it major nations or global platforms, the confidence in India is stronger than ever before,” inviting Qatari companies to invest in India’s growth journey, focusing on areas such as manufacturing, renewable energy, smart cities, and infrastructure development.
With Qatar Vision 2030 and India’s Viksit Bharat 2047 aligning, the two countries are set to define a brighter future together, fostering deeper collaboration for prosperity.
