IBNS-CMEDIA: Union Minister of Commerce and Industry Piyush Goyal will lead a high-level Indian business delegation on a five-day visit to Spain, Belgium and Finland from July 13 to 17, aimed at strengthening India’s economic partnership with Europe through enhanced cooperation in trade, investment, technology, innovation and sustainability.
The delegation includes leading Indian companies from sectors such as advanced manufacturing, clean energy, digital technologies, gems and jewellery, food processing, healthcare and design.
Spain: Focus on trade, investment and India-EU FTA
During his visit to Spain on July 13, Goyal will focus on advancing bilateral trade and investment while exploring opportunities arising from the proposed India-European Union Free Trade Agreement (FTA).
He is scheduled to hold bilateral meetings with:
Carlos Cuerpo Caballero, First Vice President of the Government of Spain and Minister of Economy, Trade and Business
Jordi Hereu Boher, Minister of Industry and Tourism José Manuel Albares Bueno, Minister of Foreign Affairs, European Union and Cooperation
The minister will also chair an India-Spain Business Roundtable with leading Spanish companies and industry associations to showcase investment opportunities in India and promote stronger business-to-business partnerships.
He will participate in another business roundtable organised by the Chamber of Commerce of Spain, CEOE and ICEX Spain Trade & Investment, bringing together Indian and Spanish industry leaders to explore cooperation in sectors including automotive, renewable energy, railways, artificial intelligence, semiconductors, food processing and tourism.
Spanish firms such as Iberdrola, Acciona, CAF, Talgo, Gestamp and Indra already have a significant presence in India, while Indian companies including TCS, Infosys, Wipro, Tech Mahindra and Larsen & Toubro (L&T) are expanding their operations in Spain to support digitalisation and Industry 4.0 initiatives.
The visit also coincides with the Spain-India Dual Year 2026, commemorating 70 years of diplomatic relations between the two countries.
Belgium: Logistics, diamonds and technology cooperation
In Belgium on July 14 and 15, Goyal will visit the Port of Antwerp and the Antwerp World Diamond Centre.
The visit to the Port of Antwerp will provide insights into one of Europe’s leading logistics hubs, with discussions focusing on multimodal connectivity, green logistics and resilient supply chains.
At the Antwerp World Diamond Centre, discussions will centre on the global diamond value chain, certification, responsible sourcing and opportunities for India’s gems and jewellery sector.
The minister will also hold CEO-level meetings with Alain Queverin of Thales Group and Jean-Christophe Bogaert of Silox Group.
Thales is a global leader in aerospace, defence, cybersecurity and digital identity with significant partnerships in India, while Silox operates major specialty chemicals and battery recycling facilities in Gujarat.
Goyal will participate in the India-EU Business Roundtable and the Trade and Technology Council (TTC) Plenary, focusing on foreign direct investment, trade facilitation, sustainable technologies and resilient supply chains.
During his stay in Brussels, he will co-chair the third India-EU Trade and Technology Council (TTC) Ministerial Meeting alongside the External Affairs Minister and the Minister of State for Electronics and Information Technology.
The TTC serves as the highest institutional mechanism for India-EU cooperation on trade, trusted technology and economic security.
On the sidelines of the meeting, Goyal is expected to meet senior European leaders, including the President of the European Commission, the President of the European Council, and the Prime Minister of Belgium.
He will also hold bilateral meetings with David Clarinval, Belgium’s Deputy Prime Minister and Minister of Employment, Economy and Agriculture, and Maroš Šefčovič, European Commissioner for Trade and Economic Security.
Finland: Innovation, advanced manufacturing and 6G
Goyal will visit Finland on July 16 and 17 at the invitation of the country’s Prime Minister.
The visit will focus on expanding cooperation in innovation, advanced manufacturing, clean energy, digital technologies and industrial research.
He is scheduled to meet Sakari Puisto, Finland’s Minister of Economic Affairs, and participate in the India-Finland Business Roundtable with leading Finnish companies engaged in digitalisation, clean energy, advanced manufacturing and the circular economy.
An MoU between the Confederation of Indian Industry (CII) and Business Finland will also be signed to strengthen institutional collaboration.
The minister will visit leading Finnish companies and innovation institutions, including Nokia Corporation, VTT Technical Research Centre, KONE Corporation and Kemppi Group, to explore collaboration in telecom infrastructure, 6G research, smart mobility, industrial machinery, EV charging infrastructure, frontier technologies, sustainable manufacturing and industrial innovation.
Indian business delegation
The delegation includes companies such as Borosil Renewables, Motherson Group, Trivitron Healthcare, Hari Krishna Exports and Nekkanti Seafoods, representing sectors ranging from clean technology and artificial intelligence to healthcare, gems and jewellery, food processing and advanced manufacturing.
Strengthening India-EU economic partnership
Across Spain, Belgium and Finland, the visit will focus on advancing cooperation in advanced manufacturing, clean energy, sustainability, digital and frontier technologies, gems and jewellery, and food and consumer industries.
The visit comes at a crucial stage in India-EU relations, with both sides working towards the early conclusion of the proposed India-EU Free Trade Agreement (FTA).
The government said the visit reflects India’s commitment to deepening engagement with one of its largest trading partners by promoting trade and investment, strengthening collaboration in emerging technologies, innovation and clean energy, building resilient supply chains, and reinforcing India’s position as a trusted global partner in manufacturing, technology and sustainable growth.
