Finance minister Nirmala Sitharaman calls on US investors to tap opportunities in India
Nirmala Sitharaman on Monday pitched the India story to a large group of pension funds and institutional investors in the US and impressed on them to take advantage of India's enormous investment opportunities.
Sitharaman addressed a roundtable on “Investment Opportunities in India” at the New York Stock Exchange (NYSE), the world’s oldest and largest bourse with around 11 Indian companies listed on it, according to a finance ministry post on X (formerly Twitter).
“The roundtable is being attended by various pension funds and other institutional investors and fund managers across USA, forming one of the largest financial systems in the world in terms of total assets under management,” the ministry said in the post.
Economic affairs secretary Ajay Seth also attended the roundtable.
The International Monetary Fund (IMF) has forecast India will remain the world’s fastest-growing major economy in the current fiscal and the next, with rates of expansion touching 7% and 6.5%, respectively, more than double the global averages.
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