India and Qatar have reaffirmed their commitment to expanding bilateral trade, investment, and strategic cooperation following a meeting between India’s Commerce and Industry Minister Piyush Goyal and his Qatari counterpart Sheikh Faisal bin Thani bin Faisal Al Thani in Doha on Monday.

The ministers co-chaired the India-Qatar Ministerial Joint Commission on Economic and Commercial Cooperation, emphasizing efforts to strengthen trade and investment in line with the goals set during the Amir of Qatar’s visit to India in February 2025.

“We discussed ways to increase India-Qatar bilateral trade and reaffirmed our commitment to deepen the multifaceted partnership across trade, investment, and strategic cooperation,” Goyal said on X.

Goyal also addressed the inaugural India-Qatar Joint Business Council, urging businesses to leverage both nations’ economic synergies and cultural connections for shared prosperity.

During his two-day visit, Goyal met with Sheikh Bandar bin Mohammed bin Saoud Al-Thani, Governor of the Qatar Central Bank and Chairman of the Qatar Investment Authority (QIA), to discuss expanding financial and investment cooperation.

India and Qatar have been advancing discussions on QIA’s $10 billion investment commitment in India, focusing on infrastructure, logistics, health, semiconductors, and finance. Qatar already holds investments in key Indian sectors including retail, utilities, housing, healthcare, and media.

The renewed engagement marks a major step in strengthening India-Qatar economic ties amid growing opportunities driven by India’s strong growth and Qatar’s global investment outlook.