: Thursday, June 04, 2026 3:24 PM
New Delhi . Union Commerce and Industry Minister Piyush Goyal said on Thursday that long-term investments from around the world are now increasingly turning towards India. He said every discussion in his recent meetings with leading investors in New York and Toronto further strengthened his confidence in India’s future growth journey. He said that now the question before investors is not whether to invest in India or not, but how quickly they recognize India’s growth story and how quickly they participate in it. While virtually addressing the ‘City India Conference 2026’ held in Mumbai, Union Minister Piyush Goyal described India as the world’s most reliable investment destination. He also outlined the efforts being made by the government to boost manufacturing, ease of doing business, infrastructure, technology adoption and strengthening global trade partnerships.
Addressing global investors and industry leaders, he said that India is being recognized as the fastest growing economy in the world. He expressed confidence that India will maintain this position for more than two decades to come.
Goyal said that India has worked to convert every crisis into opportunity. The country has adapted its processes and business strategies to changing geopolitical and economic conditions, while remaining an attractive destination for trade, manufacturing, investment and industry.
Referring to his visit to Canada, he said that the largest ever business delegation from India had accompanied him. He noted the positive signals received regarding the India-Canada Free Trade Agreement (FTA) and strong interest from pension funds, insurance companies and other institutional investors.
He further said that the discussions held with leading investment firms and around 50 companies in New York further strengthened the perception that India is a credible alternative manufacturing hub, trustworthy partner and safe investment destination for the world. The main reasons behind this are democracy, rule of law, decisive leadership, technical capability and a huge consumer market of 140 crore people.
Citing examples of successful long-term investments in India, the Minister said that Hyundai had entered India in the year 1999 with an investment of about $200 million. The infrastructure was limited at that time, but the company created huge value over the years through manufacturing activities in India and achieved significant returns in the form of dividends, royalties and capital gains.
He also gave the example of JCB and said that the company had come to India at a time when infrastructure development in the country was in the initial stage. Today JCB is exporting products manufactured in India to about 130 countries and also meeting the domestic demand.
Goyal said these examples show that India has the capacity to support large-scale manufacturing for both domestic and global markets.
Inviting global investors to be a part of India’s growth journey, he said that India is not only a large and fast-growing market, but is also becoming a hub of innovation, design and advanced manufacturing. He urged investors to partner in India’s journey into new technologies and industries of the future with patient and long-term capital investment.
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Web Title-Long-term global investment is moving towards India, making the country the most trusted destination for investors: Piyush Goyal