Union Minister of Commerce & Industry, Shri Piyush Goyal Meets European Industry Leaders in Brussels to Deepen India–EU Industrial and Technology Cooperation

**Executive Summary** Union Minister of Commerce & Industry, Shri Piyush Goyal, conducted a series of high-level industry engagements in Brussels on 14–15 July 2026. Held on the sidelines of the India–EU Trade and Technology Council (TTC) Ministerial, the visit aimed to deepen industrial cooperation, promote innovation, and facilitate greater market access for Indian enterprises in Europe. Key activities included bilateral meetings with corporate leaders, a business roundtable, and consultations with Indian industry representatives. **Key Points / Main Content** **Bilateral Industrial Engagements (14 July 2026)** * **Thales Belgium:** Discussions with CEO Alain Queverin focused on strengthening industrial cooperation and exploring specific technology partnerships. * **Silox Group:** Meetings with Managing Director Jean Christophe Bogaert centered on expanding bilateral trade opportunities and enhancing collaborative industrial efforts. **Multi-Stakeholder Collaborations (15 July 2026)** * **Business Roundtable:** Hosted by the Federation of Enterprises in Belgium (FEB), this session included the Minister of External Affairs and the Minister of State for Electronics & IT. * **Thematic Focus:** Industry representatives deliberated on trade facilitation, investment flows, digital innovation, and building resilient supply chains. **Indian Industry Outreach** * **FICCI Delegation:** The Minister met with representatives from the Federation of Indian Chambers of Commerce & Industry to address regulatory challenges and competitiveness. * **TTC Framework:** Discussions emphasized leveraging opportunities within the Trade and Technology Council framework to enhance the global standing of Indian businesses. * **Government Commitment:** The Union Minister reaffirmed the Government’s dedicated support for innovation-driven partnerships and expanding market reach for Indian firms. **Impact Analysis** **Indian Enterprises and FICCI** **Impact** Indian businesses gain a platform to address regulatory hurdles and improve their competitiveness within the European market. They benefit from the Government's commitment to facilitating market access and innovation-led growth. **Action Required** Indian enterprises should identify specific opportunities under the TTC framework and align their strategies to leverage new trade facilitation and digital innovation initiatives. **European Industry Leaders and Organizations (e.g., Thales, Silox Group, FEB)** **Impact** These stakeholders are positioned to form deeper technology partnerships and explore expanded trade and investment flows with India. **Action Required** Collaborate with Indian counterparts on supply chain resilience and engage in constructive dialogue regarding investment opportunities discussed during the Brussels engagements. **Government of India** **Impact** The engagements reinforce India’s emphasis on industry-led growth and strengthen the economic pillar of the India–EU relationship. **Action Required** Continue providing policy support for market access and maintain the momentum of the TTC Ministerial to ensure the realization of industrial and technology cooperation goals.

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