๐๐ป๐ฑ๐ถ๐ฎ ๐๐๐๐ฟ๐ฎ๐ฐ๐๐ ๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐ป๐๐ฒ๐๐๐ผ๐ฟ ๐๐ฎ๐ฝ๐ถ๐๐ฎ๐น ๐๐ผ๐ฟ ๐๐ผ๐ป๐ด-๐ง๐ฒ๐ฟ๐บ ๐๐ฟ๐ผ๐๐๐ต
Union Commerce and Industry Minister Piyush Goyal addressed the Citi India Conference 2026 on Thursday. He said global investors now show strong confidence in India's future.
Goyal said India will remain the world's fastest-growing economy for more than two decades. He noted investors no longer ask if they should invest in India. Instead, they ask how fast to become part of the growth journey.
The minister shared examples of long-term foreign investments:
Hyundai entered India in 1999 with a $200 million investment. The company started manufacturing vehicles in India a few years later. Over the past 10 years, Hyundai generated $12 to $13 billion through the residual value of its stake. It earned another $12 to $13 billion from royalties, dividends, and capital.
JCB entered India during the early stages of infrastructure development. The British construction equipment maker now manufactures in India. It serves the domestic market and exports to nearly 130 countries.
Goyal pointed to Hyundai and JCB as examples of long-term commitment. Their success reflects India's manufacturing strengths.
India has signed nine free trade agreements in the past three and a half years. These agreements cover 38 developed economies. They help India access needed products and services while creating export and investment opportunities.
Goyal said India serves a domestic market of 1.4 billion people and is emerging as a manufacturing hub for global markets. He added long-term investors in India have gained significant returns. India continues to offer major opportunities for investors who take a long-term view.