From IBM's Arvind Krishna to MetLife's Michael A Khalaf: Here's a list of executives Piyush Goyal met in the US
Commerce Minister Piyush Goyal met executives from IBM, AIA Group, General Atlantic, MetLife, Estée Lauder and Blackstone during his US visit, pitching India as an investment destination amid ongoing India-US trade negotiations and tariff-related tensions.
Commerce Minister Piyush Goyal recently met with senior executives from several US companies during his visit to the US for the G20 Trade Ministers’ Meeting. The meetings aimed to deepen investments, expand business ties, and boost collaboration in various sectors such as insurance, financial services, and frontier technologies.
Goyal's first meeting was with IBM Chairman and CEO Arvind Krishna. They discussed opportunities for IBM to grow its operations in India and explore collaboration in AI, cloud infrastructure, quantum computing, and other frontier technologies. Goyal highlighted India's vast talent pool and rapid digital adoption as key factors to innovate and scale solutions for the world.
During his visit, Goyal also met with AIA Group Non-Executive Chairman Mark Tucker, discussing the group's engagement in India and potential opportunities to strengthen investments in financial services and insurance sectors. He emphasized India's regulatory reforms and rising demand for insurance coverage, creating new opportunities for global insurers.
Goyal held separate meetings with General Atlantic Chairman and CEO William E. Ford and MetLife President and CEO Michel A. Khalaf. They discussed strengthening business and investment ties for General Atlantic and exploring opportunities in India's expanding insurance and financial services market for MetLife. Goyal expressed India's keenness to support MetLife in expanding its presence in the country.
The minister also met with Stéphane de La Faverie, President and CEO of The Estée Lauder Companies, focusing on ways to strengthen the company's presence in India through greater manufacturing, sourcing, and tapping into its growing beauty and personal care market.
Goyal's meetings with Blackstone executives revolved around deepening the company's partnership with and investment in India. Despite ongoing India-US trade negotiations facing tariff-related differences and an unfinished bilateral trade agreement, Goyal's outreach to these US companies signifies a parallel push by India to attract greater American investment.
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