Stories

Piyush Goyal met Blackstone, Neuberger Berman and Estée Lauder leaders in New York to discuss India investment, manufacturing and sourcing.
M
Moneycontrol•06-10-2026, 07:30
Piyush Goyal Seeks Greater Blackstone Investment And Estee Lauder Manufacturing In India
  • •Commerce and Industry Minister Piyush Goyal met senior executives from Blackstone, Neuberger Berman, and Estée Lauder in New York.
  • •Discussions with Blackstone focused on deepening investments and exploring partnerships across key sectors in India.
  • •Goyal met Neuberger Berman leadership to discuss investment linkages and potential wealth management partnerships.
  • •Talks with Estée Lauder centered on expanding local manufacturing, sourcing, and leveraging India's growing beauty market.
  • •The meetings concluded Goyal's week-long US visit, which also included participation in the G20 Trade Ministers' Meeting in Milwaukee.

Key Questions Answered

Commerce and Industry Minister Piyush Goyal met with Blackstone President and Chief Operating Officer Jonathan Gray and international private equity business chairman Prakash Melwani to discuss deepening the firm's investment, expanding financial-sector partnerships, and exploring new avenues across key sectors in India.

Piyush Goyal met with Estée Lauder President and CEO Stéphane de La Faverie to discuss expanding the company's presence in India through increased local manufacturing, sourcing, and leveraging the country's growing beauty and personal care market.

Piyush Goyal met with Neuberger Berman CEO George Walker and other senior executives to discuss strengthening investment linkages and exploring potential partnerships in financial and wealth management in India.