Union Minister Piyush Goyal Assures Global Investors of Safety and Stable Policies at CII Summit

Union Minister for Commerce and Industry Piyush Goyal stated that India remains a trusted and reliable partner for foreign investments despite global uncertainties and ongoing conflicts.

Summit Address

Speaking as the chief guest at the 31st CII Partnership Summit 2026 in Visakhapatnam on November 12, 2026, Mr. Goyal noted that international trade faces challenges from multiple crises and wars. He assured the investor community that India's stable policies and governance will protect their funds and that the government is doing everything possible to ensure the safety of money invested in various projects. He also recalled historic precedents, mentioning that centuries ago, Kakatiya ruler Ganapati Deva issued inscriptions to assure foreign investors of security in the Andhra region.

Growth and Regional Development

Mr. Goyal promised full government support for innovators, stating that India will protect Intellectual Property Rights and never steal technology. He highlighted that skilled youth are driving GDP growth, and invited entrepreneurs to explore opportunities in manufacturing and tourism. Pointing to local development, he observed that Visakhapatnam is changing from a steel hub to a technology hub, while Orvakal and Pudimadaka are developing into green energy centers. He also praised Andhra Pradesh Chief Minister N. Chandrababu Naidu as a visionary leader focused on emerging fields like Artificial Intelligence and Quantum Technologies, noting that the state has shifted from the ease of doing business to the speed of doing business through fast-track escrow accounts for industry incentives.

Context

Foreign Direct Investment events like the CII Partnership Summit serve as key platforms for Indian states to attract international capital by showcasing local infrastructure and policy reforms. Assurances of stable governance and intellectual property protection are vital for reassuring global markets during periods of macroeconomic volatility.