FM holds talks with global financial leaders in Singapore, pitches for boosting investment in India
Executive Brief • Key Highlights
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- ✓Finance Minister Nirmala Sitharaman held meetings with global financial leaders in Singapore on Sunday.
- ✓She invited them to boost investments in India across sectors like infrastructure, renewable energy, and artificial intelligence.
- ✓Sitharaman encouraged these firms to use the GIFT IFSC and NIIF platforms to strengthen their presence in India.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Business Line
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Finance Minister Nirmala Sitharaman on Sunday held a series of meetings with senior executives of global financial institutions and investment firms in Singapore and invited them to boost investments infrastructure, capital markets, renewable energy, artificial intelligence and other key sectors of India.
During her meeting with Yukinobu Saeki, Chief Executive, Asia Pacific, MUFG, discussions focused on expanding the Japanese financial group's presence in India, particularly in capital markets, infrastructure and project finance, renewable energy and mergers and acquisitions (M&A) financing, the finance ministry said in a post on X.
Sitharaman encouraged greater engagement with the National Bank for Financing Infrastructure and Development (NaBFID) to support infrastructure financing in the country.
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