Goyal invites global investors to make India their preferred destination

Union Commerce and Industry Minister Piyush Goyal has invited global investors to make India their preferred destination for manufacturing, research and development, global capability centres and emerging technologies. Addressing the inaugural session of the 31st CII Partnership Summit in Visakhapatnam on Thursday, Goyal said India offers open markets, growing capabilities and a reliable and predictable policy environment. He said India has concluded nine free trade and preferential trade agreements in the last four to four-and-a-half years, covering 38 developed countries and providing access to markets representing around 60 trillion US dollars of global GDP.

Why did Kattappa kill Baahubali? The whole country once asked that question. In global trade today, partners are asking a different one: "Who can we trust?" The answer is India. A partner who keeps its word. A partner who will never stab you in the back. #CIIPartnershipSummit2026

— Piyush Goyal (@PiyushGoyal) November 12, 2026

Andhra Pradesh Chief Minister, N.Chandrababu Naidu said, over the last two-and-a-half years, Andhra Pradesh has secured 714 investment MoUs worth Rs22.6 lakh crore, with 526 projects worth Rs17.1 lakh crore moving towards implementation - achieving a 74% conversion rate. This reflects our commitment to turning investment commitments into projects on the ground, he said.
The summit, being held with the theme “Navigating the New World Order,” was inaugurated by Andhra Pradesh Chief Minister N. Chandrababu Naidu, Ram Mohan Naidu and State Deputy Chief Minister Pawan Kalyan.