India strengthened trade and investment ties with Finland as Commerce Minister Piyush Goyal led a high-level delegation to Helsinki.
The visit featured ministerial talks, two industry MoUs and business engagements in advanced manufacturing, clean energy, digital technologies and the circular economy, with both countries aiming to double bilateral trade by 2030.
Goyal held bilateral talks with Dr. Sakari Puisto, Minister of Economic Affairs of Finland, with discussions focused on financial markets, innovation, enterprise financing, and expansion of bilateral trade and investment, the Ministry of Commerce and Industry said in a press release.
At the India-Finland Business Forum at the House of the Estates in Helsinki, two MoUs were signed between the Confederation of Indian Industry (CII) and Business Finland, and between CII and the Confederation of Finnish Industries.
The agreements are intended to create institutional mechanisms for industry collaboration and greater business engagement between the two countries.
Indian and Finnish companies also held sector-specific interactions covering digital and frontier technologies, space, clean energy, bioeconomy, circular economy, infrastructure and advanced manufacturing. The discussions explored collaboration, investment and technology partnerships.
In his address, Goyal highlighted the shared ambition of India and Finland to double bilateral trade by 2030 and emphasised opportunities created by the India-European Union Free Trade Agreement to expand trade, investment, manufacturing and innovation partnerships, added the release.
The visit builds on the elevation of India-Finland relations to a Strategic Partnership in Digitalisation and Sustainability during the State Visit of President Alexander Stubb to India in March 2026, and follows the conclusion of the India-European Union Free Trade Agreement on January 27, 2026.
The day’s engagements ended with a networking reception hosted by the Embassy of India in Helsinki for business leaders, policymakers and stakeholders from both countries.
Fibre2Fashion News Desk
