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Look at India as next investment destination: Piyush Goyal to US businesses

The bilateral trade between the two countries grew from $126 billion in 2017 to $145 billion in 2019.

Piyush goyal
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Union Minister Piyush Goyal. Photo: PTI

Press Trust of India New Delhi
Commerce and Industry Minister Piyush Goyal has called upon American businesses to look at India as their next investment destination.
 
Addressing India Cha­mber of Commerce USA’s Summit on Global Financial and Investment Leadership on Wednesday, he said the bilateral trade target of $500 billion in the next five years is “eminently doable”.
 
“We are moving from red-tape to red-carpet. We are moving out of the shackles of the past into a more open and liberal foreign investment destination,” he said.
 
The bilateral trade between the two countries grew from $126 billion in 2017 to $145 billion in