Commerce Minister Piyush Goyal announced India's strategic shift from energy-based trade to emerging technologies during the India-Qatar Business Forum. The transition will emphasize artificial intelligence, IoT, quantum computing, and semiconductors, built on pillars of sustainability, entrepreneurship, energy, and technology. India's robust startup ecosystem is positioned to attract Qatari investments, with Qatar's Commerce Minister Sheikh Faisal highlighting India's position as Qatar's third-largest trading partner. The forum resulted in two significant MoUs between Qatari Businessmen Association and CII, and Invest Qatar and Invest India.