"₹6 Lakh Cr Investment & Phase 1 Pact!": Piyush Goyal Hails Mega US Alliance Ahead Of Rubio Visit!

"₹6 Lakh Cr Investment & Phase 1 Pact!": Piyush Goyal Hails Mega US Alliance Ahead Of Rubio Visit!

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Business Today
  • Updated May 22, 2026 11:25 AM IST

Commerce Minister Piyush Goyal announced a monumental economic leap, revealing that mega US tech and infrastructure commitments have hit a massive ₹6 lakh crore ($60 Billion). Grounding this surge, Goyal confirmed that India and the US have finalized a critical Interim Phase 1 Bilateral Trade Agreement, guaranteeing India preferential market access over its global competitors. Ahead of US Secretary of State Marco Rubio's high-profile visit, Goyal highlighted deep strategic alignments spanning AI, Quantum Computing, and critical minerals, positioning India as the world's most trusted economic partner.

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