Piyush_Goyal forecasts India's economic growth

Union Commerce and Industry Minister Piyush Goyal, speaking at the Citigroup India Conference 2026, projected that India will remain the world's fastest-growing economy for the next two decades. He emphasized India's ability to convert crises into opportunities and attract long-term global investments. Goyal highlighted that India has consistently emerged stronger during global uncertainties and is an attractive destination for trade, manufacturing, business, and investments. He cited Hyundai Motor Company and JCB as examples of companies that made early, patient investments in India and have reaped significant returns, demonstrating India's manufacturing capabilities and long-term growth potential. Goyal also noted India's expanding trade engagements, having signed nine free trade agreements with 38 developed economies in the last three-and-a-half years, with more expected. He mentioned reforms like the Jan Vishwas Act and the Bhavya Scheme for industrial park development, reinforcing India's commitment to economic growth and investor-friendly policies.