Piyush Goyal invited French investors to expand manufacturing operations in India, framing the country as a competitive destination for industrial expansion. He outlined the government's commitment to creating an enabling environment for foreign direct investment and noted recent policy steps to improve ease of doing business. The remarks were part of engagements with French business delegations on Wednesday, June 17, 2026.

Goyal underscored opportunities across manufacturing value chains and encouraged partnerships that bring technology transfer, higher value addition and integration with global supply chains. He highlighted India's large domestic market and ongoing efforts to boost local manufacturing capacity while attracting export oriented projects. The minister emphasised that collaboration with French firms could accelerate industrial modernisation and sustainable production practices.

The government, he said, was focused on policy stability, streamlined approvals and infrastructure upgrades to support investment inflows. He indicated that facilitation mechanisms were being strengthened to offer predictable support for long term manufacturing projects and to address sector specific challenges. Goyal expressed that public private cooperation and targeted incentives would be used to catalyse manufacturing investments.

He called for French companies to consider India as a base for regional manufacturing and research partnerships, signalling openness to joint ventures and strategic alliances. The outreach formed part of broader efforts to deepen bilateral economic ties and diversify supply chains with trusted partners. The minister anticipated continued dialogue with French counterparts to translate interest into concrete investment announcements.

Officials indicated that scaled investment would support job creation, enhance skill development and strengthen regional manufacturing clusters while promoting sustainable practices. Enhanced collaboration was expected to attract ancillary industries and improve local supplier networks, reducing dependence on distant supply lines. The minister noted that sustained engagement with French investors would aim to convert expressed interest into firm projects that deliver long term economic benefits.