India's economic landscape continues to attract significant global investment, according to Piyush Goyal, Union Commerce and Industry Minister. Speaking at the Citi India Conference 2026, Goyal emphasized the robust confidence international investors have in India's future.
India's Economic Growth Trajectory
India is projected to remain the world's fastest-growing economy for the next two decades. Goyal noted that investors are eager to participate in India's growth story, moving beyond the question of whether to invest, to how quickly they can engage.
- Hyundai: Entered India in 1999 with a $200 million investment, now generating $12-13 billion in residual value and similar amounts in royalties and dividends.
- JCB: Manufactures in India, serving both domestic and international markets, exporting to nearly 130 countries.
"The patient investors with India have gained big time. The returns have rewarded conviction," said Goyal.
Strategic Free Trade Agreements
India's trade outreach includes nine free trade agreements signed over the past three-and-a-half years, covering 38 developed economies. These agreements are designed to bolster India's economic growth by facilitating exports and attracting foreign investment.
| Agreement Count | Covered Economies |
|---|---|
| 9 | 38 |
Manufacturing and Export Potential
India is not only catering to its vast domestic market of 1.4 billion people but is also emerging as a manufacturing hub for global markets. Companies like Hyundai and JCB exemplify the success of investing in India's manufacturing sector.
Policy Adaptation and Global Conditions
India has shown resilience by adapting its policies and business strategies to changing global conditions. This adaptability has turned challenges into opportunities, further enhancing its attractiveness to global investors.
Goyal concluded by reiterating the significant opportunities available for investors willing to take a long-term view on India's growth and development.
