Commerce and Industry Minister Piyush Goyal is meeting venture capitalists and other investment-community stakeholders in the national capital today to make FDI and FII flows faster and smoother. He described the meeting as part of an ongoing engagement with industry, including foreign investors, to develop pathways for higher investment, a more stable currency, and lower inflation in the future.

Speaking at the curtain raiser of FICCI’s 98th AGM, the Minister urged Indian industry to assess its supply chains for vulnerabilities and identify over-reliance on specific geographies or suppliers, given the growing weaponisation of trade. He cited India’s dependence on aircraft components such as engines, and the pharma sector’s vulnerability due to reliance on imported APIs.

Calling for the

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