Business News | Piyush Goyal, Mexico’s Economy Secretary Discuss Boosting India-Mexico Trade and Investment Ties | LatestLY
New Delhi, March 22: Union Commerce and Industry Minister Piyush Goyal held a virtual meeting with Mexico’s Secretary of Economy, Marcelo Ebrard, to advance bilateral economic cooperation. The conversation focused on deepening trade and investment ties, strengthening industry collaboration, and identifying new avenues for business across sectors.
India–Mexico Economic Collaboration
During the discussion, both sides explored ways to scale up bilateral commerce, improve market access, and foster partnerships between industries and startups. The agenda included cooperation in manufacturing, technology, and supply chains, with a view to unlocking fresh opportunities for companies in both countries. Goyal highlighted India’s strong growth trajectory and the scope for mutually beneficial investments as global value chains continue to evolve.
Engagements with Global Industry Leaders
Earlier, Goyal met with Patrik Jonsson, Executive Vice President and President of Lilly International, to review the pharmaceutical company’s growing footprint in India. The talks covered expanded operations, ongoing investments, and how best to support research, manufacturing, and talent development. The discussion also emphasized strengthening the “Make in India for the world” initiative—enabling India-based facilities to serve global markets through quality, scale, and innovation.
Strengthening Ties with Greece
In a separate virtual meeting, Goyal spoke with Harry Theoharis, Greece’s Deputy Minister of Foreign Affairs, to deepen cooperation between India and Greece. The conversations centered on trade and investment, tourism, maritime connectivity, and broader areas of mutual interest. Both sides underscored the value of a growing partnership and outlined steps to advance economic and logistical linkages.
Focus on Startups, Skills, and Supply Chains
Goyal also discussed India’s startup landscape and supply-chain modernization with Aadit Palicha, Co-founder and CEO of Zepto. The interaction focused on scaling skilling initiatives for young professionals, empowering innovation-led entrepreneurship, and building globally competitive enterprises from India. A key priority was integrating farmers more closely into modern supply chains to improve market access and value realization, reinforcing rural livelihoods while supporting efficient, tech-enabled commerce.
India’s Outlook
India’s economic outreach continues to prioritize high-growth, innovation-driven sectors alongside resilient supply chains and strategic global partnerships. The engagements with Mexico, Greece, and global industry leaders reflect a broader push to bolster trade, attract investment, and accelerate technology adoption. Policymakers and businesses are collaborating to position India as a hub for manufacturing, pharmaceuticals, logistics, and digital services, while nurturing a robust startup ecosystem that can deliver solutions at scale.
As India consolidates its role in international trade and value chains, sustained dialogues with key partners are expected to translate into targeted investments, co-development projects, and expanded market opportunities for enterprises in India and abroad.
