Goyal pitches India's skilled workforce and growing industrial base to US manufacturers in Milwaukee.
Washington, Sep 30: Commerce and Industry Minister Piyush Goyal has invited American manufacturers to expand their footprint in India and co-invest in advanced manufacturing to create resilient supply chains.
Goyal was speaking at a business roundtable organised by the National Association of Manufacturers (NAM) on the sidelines of the G20 Trade Ministerial meeting in Milwaukee, Wisconsin, on Tuesday evening. He had arrived in Chicago earlier that day.
Milwaukee is a major industrial and manufacturing centre in the US and is home to several Fortune 500 companies in sectors such as food and beverage, mechanical manufacturing, energy and water technology.
In a post on X, Goyal said he had underlined the strong momentum in India-US economic ties at the roundtable, along with India's growing industrial base and skilled workforce. "Invited American manufacturers to explore opportunities to deepen their presence in India, partner with Indian SMEs, and co-invest in advanced manufacturing to build resilient supply chains that create value for both economies," he said.
US Trade Representative Jamieson Greer joined the G20 trade ministers at a welcome reception hosted by Business Roundtable and NAM.
The ministerial is expected to cover a wide range of issues, including eliminating forced labour in global supply chains and tackling structural overcapacity and excess production. The latter two are the tariff tools the US has relied on since the Supreme Court struck down the levies imposed under the International Emergency Economic Powers Act (IEEPA).
A USTR statement issued last week said Greer will lead the G20 discussions, which will also include updating the Most-Favoured Nation (MFN) principle and denouncing the weaponisation of trade in food.
The G20, or Group of Twenty, is an international forum of the world's major advanced and emerging economies that discusses and coordinates economic policy. The United States holds the G20 presidency in 2026. Members include Australia, Brazil, Canada, China, France, Germany, Indonesia, Italy, Japan, Russia, Saudi Arabia, South Africa, South Korea, the UK and the EU.
