Union Minister of Commerce and Industry Shri Piyush Goyal addressed the India-Estonia Business Forum in Tallinn on July 18, 2026, during his official visit to Estonia. The Minister called for deeper collaboration in trade, investment, innovation, and technology between the two countries. The forum brought together senior government representatives, industry leaders, and business delegations from both nations to explore new avenues for strengthening bilateral economic cooperation.
The event commenced with welcome remarks by Estonian Minister of Foreign Affairs Margus Tsahkna, followed by Goyal's inaugural address. The Minister highlighted India's remarkable economic transformation over the past two decades, emphasizing its emergence as one of the world's fastest-growing major economies. He underscored that India's strong growth trajectory, expanding manufacturing base, vibrant innovation ecosystem, and progressive reforms present significant opportunities for global businesses and investors.
Estonian government officials presented an overview of Estonia's business ecosystem, digital governance, and innovation-led growth model. Indian industry representatives shared perspectives on India's economic progress, growing investment potential, and opportunities for enhanced business collaboration. The forum provided a platform for discussions on expanding bilateral trade, promoting investment, fostering innovation-driven partnerships, and identifying opportunities in emerging sectors including digital technologies, start-ups, and advanced manufacturing.
The engagements concluded with a networking reception hosted by the Ambassador of India to Estonia, facilitating direct interactions between industry leaders and stakeholders to strengthen commercial linkages and deepen business-to-business and people-to-people ties between the two countries.