Goyal Meets German Healthcare Firms on Indian Investment
India's commerce minister Piyush Goyal held talks with Siemens Healthineers, Bayer and Fresenius on investment and healthcare cooperation in India.
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what happened
India's Commerce and Industry Minister Piyush Goyal met executives of German companies Siemens Healthineers, Bayer and Fresenius on Friday in Berlin to discuss investment opportunities in India. According to Moody's, during his meeting with Stefan Oelrich, head of Bayer's pharmaceuticals division, Goyal discussed the company's expansion plans in India and deeper involvement in the country's healthcare sector.
Goyal also held talks with Michael Sen, CEO of Fresenius Group. In a social media post, he said the discussions covered joint healthcare projects, rising demand for quality and affordable medical products, and India's strong manufacturing base. He also discussed using India's skilled workforce to serve domestic and global markets, and strengthening Siemens Healthineers' presence in India.
why it matters
For markets, this is more of a diplomatic signal than a concrete deal, as no investment amounts or timelines were disclosed. Interest in India's healthcare sector may matter to industry players looking for growth beyond Europe and the US.
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sources
- Goyal Discusses Investment Avenues with German Cos — Moody's, 24 October 2026 at 04:14 UTC
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