Piyush Goyal invites US manufacturers to invest in India
AI Summary
The call for American manufacturers to deepen their presence in India signals a potential shift in global supply chains, which could benefit Indian SMEs and the broader manufacturing sector. For retail investors, this could mean increased opportunities in Indian manufacturing stocks, particularly those involved in advanced manufacturing and technology partnerships. As India strengthens its industrial base, companies that align with this trend may see enhanced growth prospects, making them attractive investment options.
Commerce and Industry Minister Piyush Goyal urged American manufacturers to explore opportunities to deepen their presence in India and co-invest in advanced manufacturing to build resilient supply chains.
Goyal was addressing a business roundtable convened by the National Association of Manufacturers (NAM) on the sidelines of the G20 Trade Ministerial meeting in Milwaukee, Wisconsin, on Tuesday evening.
Original Article
Published on Hindu BusinessLine
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This is a economy news update from Hindu BusinessLine, published on 30 September 2026.
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