Piyush Goyal heads to Spain, Belgium, Finland to boost trade and investments
Commerce and Industry Minister Piyush Goyal will embark on a five-day visit to Spain, Belgium, and Finland starting July 13, 2026, with the aim of enhancing trade and investment ties between India and these European nations, the Commerce Ministry announced on Sunday.
The delegation includes leading Indian companies from sectors such as advanced manufacturing, clean energy, digital technologies, gems and jewellery, food processing, healthcare, and design.
In Spain on July 13, Mr. Goyal will participate in a business roundtable bringing together Spanish and Indian industry leaders to explore opportunities in automotive, renewable energy, railways, artificial intelligence, semiconductors, food processing, and tourism. Spanish companies like Iberdrola, Acciona, CAF, Talgo, Gestamp, and Indra already have a strong presence in India, while Indian firms such as TCS, Infosys, Wipro, Tech Mahindra, and L&T are expanding operations in Spain.
In Belgium on July 14-15, Mr. Goyal will hold CEO-level meetings with Alain Queverin of Thales Group and Jean-Christophe Bogaert of Silox Group. Thales is a global leader in aerospace, defence, cybersecurity, and digital identity, with partnerships in India. Silox is a speciality chemicals and recycling group with major operations in Gujarat and collaborations in battery recycling and sustainable manufacturing.
The India-EU Business Roundtable and Trade and Technology Council (TTC) plenary will focus on foreign direct investment opportunities, trade facilitation, sustainable technologies, and resilient supply chains, the ministry said.
Mr. Goyal will co-chair the third India-EU Trade TTC Ministerial Meeting in Brussels alongside External Affairs Minister S. Jaishankar and Minister of State for Electronics and Information Technology Jitin Prasada. The India-EU TTC is the highest institutional mechanism for cooperation on trade, trusted technology, and economic security.
In Finland, Mr. Goyal will participate in the India-Finland Business Roundtable and engage with Finnish companies in digitalisation, clean energy, advanced manufacturing, and the circular economy.
The visit comes at a significant time, as India and the 27-member European Union have announced the conclusion of a free trade agreement, with the legal review of the text in its final stages.
