Authorities proud and inspiring Indian corporations to take a position overseas: Commerce Minister Piyush Goyal

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Piyush Goyal, Minister of Commerce and Business. File |Picture Credit score: PTI

Commerce Minister Piyush Goyal stated the federal government is happy with the excessive and rising quantity of abroad funding by Indian corporations and is actively encouraging these corporations to accumulate and make investments abroad.

The minister’s assertion got here as newest knowledge confirmed that international direct funding by Indian corporations elevated by almost 46 per cent to $20.5 billion from April to October 2025.

“We’re happy with it and we encourage it,” Goyal stated. hinduism In response to a query on Friday (January 16, 2026). “No nation has turn into profitable or developed by turning inward. We have to be daring and develop the frontiers of our enterprise, wanting past continents.”

The Commerce Minister stated the federal government “strongly encourages” Indian corporations to take a position overseas and has made regulatory adjustments to additional allow this.

“We have now relaxed a whole lot of guidelines to encourage corporations to accumulate corporations all over the world, arrange manufacturing amenities all over the world, and supply companies all over the world,” Goyal stated.

In keeping with the Reserve Financial institution of India, the primary international direct funding locations from India are Singapore, adopted by the US and the UAE, which collectively account for greater than half of the overall international direct funding.

The central financial institution added that about 90% of international direct funding was in finance, insurance coverage and enterprise companies, adopted by wholesale, retail commerce and manufacturing.

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