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European companies express keen interest in investing in India: Piyush Goyal
Oct-23-2026

Commerce and Industry Minister Piyush Goyal has noted that several European companies have expressed keen interest in investing in India, with many carmakers exploring manufacturing opportunities in the country. He added that German companies are interested in investing in areas such as healthcare, pharmaceuticals, and research and development. 

Amid the regulatory overhang created by European Union, he indicated that European manufacturing will have to look for trusted partner countries where at least many of the things that are becoming very expensive in Europe can be produced. This will offer tremendous potential for India and huge job creation in the country.

Highlighting India’s automobile exports, he said that the country’s car exports reached about one million and soon cars made in India will come into Europe. He added that German companies had indicated plans for substantial investments in India during his bilateral meetings with them. Several European automobile manufacturers have established manufacturing facilities in India, using the country as a base to serve the domestic as well as export markets.

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