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India-US partnership remains strong, stable and continuously expanding: Piyush Goyal
Nov-19-2025

Union Minister of Commerce and Industry, Piyush Goyal has emphasised that the India-US partnership remains strong, stable and continuously expanding across strategic and economic sectors. He assured that there is no reason for concern regarding the bilateral relationship and reiterated that the friendship between the two nations stands on firm pillars of democracy, diversity and a shared developmental vision. He added that the United States views India as a trusted partner, and both countries remain committed to expanding trade and commerce. Meanwhile, he said that the trade deal negotiations are a continuous process and India must safeguard its interests while balancing the sensitivities of farmers, fishermen, small industries and businesses.

Further, he projected that India is on track to become the world’s third-largest economy by 2027, citing strong banking systems, low inflation, controlled fiscal deficits, growing consumer sentiment and infrastructure expansion supported by GST reforms as key contributors to country’s robust economic fundamentals. He noted that India produces 2.4 million STEM graduates every year and continues to deepen partnerships with several developed countries through Free Trade Agreements, either concluded or under negotiation. He also highlighted the scale of India’s market and the pace of its growth, noting that the Indian economy has more than doubled in the last decade.

Highlighting India’ conducive business environment, he said that the country’s development potential rests on a secure nation, clean governance, decisive leadership and continuous reforms. Besides, the Government has been eliminating cumbersome compliances, reducing procedural burdens, decriminalising minor offences and enabling ease of doing business. He stated that India provides one of the greatest opportunities for global businesses and expressed readiness to work with US companies on new ideas, technology adoption and innovation across sectors such as artificial intelligence, quantum computing, design and advanced technologies. Moreover, India aims to benchmark itself against the world’s best and progress collectively towards the goal of becoming a developed nation. He has also expressed confidence that India will remain the fastest-growing large economy for many years.

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