Piyush Goyal comments on international business opportunities in India

Speaking at the India-Europe 29 Business Forum, organised by industry body CII, Commerce and Industry Minister Piyush Goyal said that India, with its 1.3 billion population, offers huge business opportunities for the companies of Central and Eastern European countries.

He further shared that both India and Europe even offer an opportunity to help kick-start economic growth in the world. “We have lots of opportunities together and I hope we can look for a greater engagement. We have both comparative and competitive advantages,” he said at the event.

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The minister feels that Indian and Central and Eastern European companies can enhance cooperation in areas like artificial intelligence, renewable energy and new age manufacturing. Also present at the occasion, Deputy Prime Minister for Economic and Demography Policy, Bulgaria, Mariyana Nikolova too sought investments from India. According to her, Bulgaria also provides stable and predictable policy regime and a host of incentives for investors. Ministry of External Affairs secretary T S Tirumurti said Central and Eastern European countries will also get a profit from the opportunities that India offer in different sectors.