India finance minister promotes manufacturing to global investors
Finance minister Nirmala Sitharaman addressed leading investors in Chicago to promote India as a manufacturing and innovation base for domestic needs and global exports, citing opportunities in AI, semiconductors, financial services, food processing, defence and advanced technologies. She highlighted India’s digital infrastructure, deep talent pool, freight corridor growth, railway modernization and policy tools such as the Production Linked Incentive scheme and the National Investment and Infrastructure Fund as enablers. She encouraged global capability centres to build higher-value operations in AI, analytics, engineering and electronics and invited co-development and co-production for international partners.
India pitched as manufacturing and innovation hub for global markets
Context
The finance minister spoke at a business roundtable in Chicago. Companies are reassessing global supply chains and capital allocation strategies. This could lead to more investment and co-production in India.
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