Piyush Goyal Meets Prime International CEOs, Discusses India’s Potential In EV, RE Sectors | Economic system Information

Piyush Goyal Meets Prime International CEOs, Discusses India’s Potential In EV, RE Sectors | Economic system Information

Paris/New Delhi: Commerce and Trade Minister Piyush Goyal on Monday met some high world CEOs in Paris to discover their future funding plans for the India market in promising sectors like electrical automobile and renewable vitality (RE). 

The minister is on an official journey to France with the intention of boosting commerce and investments and also will attend a ministerial assembly of the World Commerce Organisation (WTO) on Tuesday.

“Held a gathering with Luca de Meo, CEO of Renault Group. Exchanged views on India’s rising potential as an vehicle manufacturing hub, together with rising alternatives within the EV sector,” Goyal posted on X social media platform.

He additionally met Bernard Fontana, Chairman and CEO of state-owned vitality supplier EDF, and mentioned India’s rising management within the renewable vitality sector and “methods to additional combine sustainable vitality options into our improvement roadmap”.

Earlier, the Union Minister met Patrick Pouyanne, Chairman and CEO of TotalEnergies, a world built-in vitality firm.

“Mentioned the corporate’s funding plans for India and avenues for deeper collaboration within the renewable vitality sector,” stated Goyal.

Commerce Minister has additionally indicated that India is more likely to signal a free commerce settlement (FTA) with Oman quickly, because the talks between the 2 nations are making headway. The talks for the free commerce pact with Oman began in November 2023, and Goyal visited the Gulf nation from January 27 to January 28. Piyush Goyal commences official go to to France, Italy to spice up financial ties

Throughout his three-day engagements in France, Union Minister Goyal is scheduled to carry bilateral conferences, together with with Eric Lombard, Minister of Economic system, and Laurent Saint-Martin, French Commerce Minister, in line with the Commerce Ministry. The discussions will give attention to strengthening the Indo-French financial partnership and exploring new avenues for enhancing commerce and funding cooperation.

The minister will meet high management of main French corporations similar to Vicat, Complete Energies, L’Oreal, Renault, Valeo, EDF and ATR.

Following his engagements in France, the Union Minister will proceed to Italy for the following leg of his official go to.

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