SME Times is powered by   
Search News
Just in:   • India-Kyrgyzstan relations witnessing a renaissance, PM Modi visit to open new avenues: Tourism Minister  • India, Argentina deepen trade ties, explore lithium, pharma access  • Govt rejects concerns over CBG price hike, says impact on CNG, PNG consumers will be negligible  • Unfair to middle class: Delhi-NCR residents react to Rs 3.89/kg CNG price hike  • Good corporate governance central to India’s development: Dr Jitendra Singh 
Last updated: 29 Aug, 2026  

india1.jpg ‘Why India, why now’: FM Sitharaman pitches India as global investment and manufacturing hub

india1.jpg
   Top Stories
» ‘Why India, why now’: FM Sitharaman pitches India as global investment and manufacturing hub
» ChatGPT to run ads in India for users of Free, Go tiers
» Indian SMEs in Qatar can channel for $10 bn investment pledge into growth-oriented projects: Envoy
» India, Morocco conclude 7th Joint Commission meeting; agree to boost trade and investments
» Centre grants 4-month extension to green energy projects delayed due to West Asia crisis
IANS | 29 Aug, 2026

India offers a compelling combination of scale, talent, infrastructure, technology and sustained reforms for global investors as companies reassess their supply chains and capital allocation, Union Finance Minister Nirmala Sitharaman said on Saturday at a high-level business roundtable in Chicago.

Addressing leading investors and business leaders, FM Sitharaman highlighted India’s broad-based economic growth, reform momentum and expanding opportunities for long-term investment, urging global companies to look beyond India as a market and consider the country as a platform to manufacture, innovate and build for the world.

The Finance Minister said the theme of “Manufacture in India — for India and for the world” captures the growing opportunities available to global businesses across manufacturing, artificial intelligence and digital technologies, financial services, infrastructure, food processing, defence and advanced technologies.

Outlining “Why India, Why Now”, FM Sitharaman pointed to strong domestic demand, investment-led growth, macroeconomic resilience, a deep talent pool and rapidly expanding digital and physical infrastructure as key strengths of the Indian economy.

The finance minister said India’s investment proposition was not dependent on any single sector, but on the convergence of multiple structural strengths that have developed over the past decade.

On digital technology and AI, FM Sitharaman highlighted India’s Digital Public Infrastructure, including Aadhaar, UPI, DigiLocker, ONDC and India Stack, saying these platforms have been developed at population scale.

She said the next opportunity lies in building higher-value businesses in areas such as AI, engineering, analytics, product development, semiconductors and electronics. India’s Global Capability Centres, she added, are increasingly evolving into global innovation hubs.

The Finance Minister also invited global financial institutions to explore opportunities at GIFT City, noting that GIFT International Financial Services Centre had 1,250 registered entities as of June 2026.

She said GIFT IFSC is emerging as an international financial centre connecting global capital with Indian opportunities, with scope for businesses in banking, fund management, reinsurance, aircraft and ship leasing, sustainable finance and other cross-border services.

On manufacturing, FM Sitharaman said the reconfiguration of global supply chains presents a significant opportunity for India, given its large domestic market and increasingly competitive manufacturing capabilities.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹95.3
₹93.6
UK Pound
₹127.7
₹123.7
Euro
₹110.65
₹106.9
Japanese Yen ₹59.75 ₹57.9
As on 24 Jun, 2026
  Daily Poll
What’s your biggest challenge with the 45-day payment rule?
 Corporates canceling our orders
 Clients demanding longer credit anyway
 Strained business relationships
 Filing complaints kills future work
 No issues, cash flow has improved
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter