More Stories

Informist, Thursday, May 21, 2026

 

Please click here to read all liners published on this story

--Trade minister:US trade pact negotiation team likely to visit India next mo 
--Trade minister:India to remain world's fastest growing econ for next 25 yrs 
--Trade minister: Talking to industry to improve testing standards, infra 
--Trade minister: Opportunity for India, US to create resilient supply chain 
--Trade minister: Perfect opportunity for India, US to work together 
--Trade minister: India favoured investment destination despite W Asia war 
--Trade minister: India can provide scale to US innovations 
--CONTEXT: Comments by Trade Minister Piyush Goyal at an event in New Delhi 
--Trade minister: US industry invest in India above $60 bln in last 6 months

 

NEW DELHI - India will remain the fastest growing economy for the next 25 years, Commerce and Industry Minister Piyush Goyal said on Thursday. The free trade agreements India has signed will attract a lot of investments in infrastructure, which will help faster growth in infrastructure, Goyal said. 

 

"One feeds into the other. So it's like a virtuous cycle of growth," Goyal said at the Annual Leadership Summit of the American Chamber of Commerce. "Which is why I often say, it's not the last five years alone, India will continue to be the world's fastest economy for at least the next 25 years."

 

The Indian economy is estimated to have grown 7.6% in 2025-26 (Apr-Mar). India's GDP growth forecast for FY27 being upgraded to 6.5% from 6.4% by the International Monetary Fund in the middle of the war is reflective of the country's growing ability to engage with the world, Goyal said. India has remained a favoured investment destination amidst all the challenges, he added. 

 

"It's a perfect opportunity for America and India to work together, create more trusted and resilient supply chains, combine American innovation and investment with Indian talent and scale, and make it a defining partnership of the 21st century," the minister said.

 

In the last six months alone, US-based companies have committed investment of more than $60 billion, Goyal said. "So, my gut felling is that America and India truly are working as natural partners, we complement each other." 

 

Asked about progress of the trade agreement with the US, Goyal told reporters that a negotiation team from US is likely to visit India next month.  

 

The government is working with the industry on creating a high-quality testing infrastructure to help Indian companies, the minister said. "Our effort is that our testing infrastructure in India should be world-class, should be nothing less than the best in the world," he said.  End

 

Reported by Shubham Rana

Edited by Avishek Dutta

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (11) 4220-1000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.