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India's proposed free trade agreement (FTA) with the European Union (EU) could give a significant boost to trade and economic ties, Commerce and Industry Minister Piyush Goyal said during an official visit to the Netherlands.
Highlighting India's investment and business presence in the European country, Goyal said Tata Steel's plant in the Netherlands employs around 11,000 people. He described the facility as an example of how Indian investment can support jobs overseas. He also noted that around 300 Indian companies operate in the Netherlands, which serves as a gateway to the European Union.
Goyal cited the Port of Rotterdam as an important route for India's merchandise exports to the EU. He said India must create the right framework to attract skilled talent from across the world and become an integral part of global supply chains.
India is working with economies that have complementary strengths to develop areas such as data centre equipment, semiconductor manufacturing, high-precision engineering machinery, defence equipment and medical devices, he said.
Pointing to demand for skilled Indian workers overseas, Goyal said Germany had sought 90,000 skilled Indian workers, while Japan had sought 3 lakh. He added that Indians' contributions extend beyond science, technology, engineering and mathematics (STEM), citing Dutch cricket players of Indian origin Aryan Dutt and Vikramjeet Singh as examples.
The minister called for closer collaboration between Dutch technology and Indian talent, urging technology professionals and academics to connect Dutch research with Indian laboratories. He said the two countries should turn their strategic partnership into collaboration on a larger scale.
Goyal also stressed the importance of preserving India's history, traditions and cultural identity, saying nations must protect their identity and culture as they progress.
Highlighting India's investment and business presence in the European country, Goyal said Tata Steel's plant in the Netherlands employs around 11,000 people. He described the facility as an example of how Indian investment can support jobs overseas. He also noted that around 300 Indian companies operate in the Netherlands, which serves as a gateway to the European Union.
Goyal cited the Port of Rotterdam as an important route for India's merchandise exports to the EU. He said India must create the right framework to attract skilled talent from across the world and become an integral part of global supply chains.
India is working with economies that have complementary strengths to develop areas such as data centre equipment, semiconductor manufacturing, high-precision engineering machinery, defence equipment and medical devices, he said.
Pointing to demand for skilled Indian workers overseas, Goyal said Germany had sought 90,000 skilled Indian workers, while Japan had sought 3 lakh. He added that Indians' contributions extend beyond science, technology, engineering and mathematics (STEM), citing Dutch cricket players of Indian origin Aryan Dutt and Vikramjeet Singh as examples.
The minister called for closer collaboration between Dutch technology and Indian talent, urging technology professionals and academics to connect Dutch research with Indian laboratories. He said the two countries should turn their strategic partnership into collaboration on a larger scale.
Goyal also stressed the importance of preserving India's history, traditions and cultural identity, saying nations must protect their identity and culture as they progress.
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