Stories

Piyush Goyal Courts Global Giants Like IBM and Nike for Major India Investments
C
CNBC TV18•06-10-2026, 13:57
Piyush Goyal Courts Global Giants Like IBM and Nike for Major India Investments
  • •Commerce and Industry Minister Piyush Goyal is visiting the US to pitch India as a prime destination for manufacturing, sourcing, and long-term investment.
  • •Goyal met with IBM CEO Arvind Krishna to discuss deeper collaboration in frontier technologies like artificial intelligence, cloud infrastructure, and quantum computing.
  • •Discussions with executives from Estée Lauder, Archer Daniels Midland, and Nike focused on expanding local manufacturing, sourcing, and sports ecosystem engagement.
  • •The minister met financial leaders from Blackstone and Neuberger Berman to highlight India's strong macroeconomic fundamentals and deepening capital markets.
  • •Meetings with global insurers like MetLife and AIA Group centered on growth opportunities within India's expanding insurance and financial services sectors.

Key Questions Answered

Commerce and Industry Minister Piyush Goyal met with senior executives from global giants including IBM, Estée Lauder, Blackstone, Nike, Archer Daniels Midland, and MetLife during his official visit to the US.

Piyush Goyal and IBM Chairman and CEO Arvind Krishna explored ways to deepen collaboration in artificial intelligence, cloud infrastructure, quantum computing, and other frontier technologies while leveraging India's talent pool.

Goyal highlighted India's comprehensive regulatory reforms, expanding financial services market, and rising demand for long-term savings and protection, positioning the country as an ideal growth platform for global insurers.