Union Minister Piyush Goyal (File photo)
\n\nUnion Minister of Commerce and Industry Piyush Goyal has positioned India as a dependable destination for international businesses at a time when geopolitical tensions, trade disruptions and economic uncertainty are reshaping global investment decisions. Highlighting the country's policy stability and expanding economic opportunities, he said India can offer international investors a secure environment to establish and grow their businesses.
\n\nAddressing the 31st CII Partnership Summit in Visakhapatnam, Andhra Pradesh, Goyal outlined India's approach to attracting global capital, identifying predictable policymaking, fair regulations and investment protection as important factors differentiating the country from other markets.
\n\n"In this turbulent global world, India offers an oasis in the desert."
\n\nThe minister said India's investment proposition rests on three broad commitments: access to international markets, the ability to support innovation and manufacturing, and reliability in business relationships.
\n\nExplaining the importance of market access, Goyal highlighted India's efforts to strengthen its international trade relationships through free trade agreements (FTAs) and preferential trade arrangements.
\n\nAccording to the minister, India has concluded nine such agreements with 38 developed countries over the past four and a half years. When combined with trade arrangements established before 2014, these agreements provide preferential access to…
Original source: https://www.timesnownews.com/business-economy
