
FM Sitharaman invites global CEOs to invest in India’s growth story
Union Finance Minister Nirmala Sitharaman invited global CEOs, institutional investors, and pension fund managers to participate in India’s evolving growth story, especially in the domains of AI, sustainability, and digital infrastructure, during a series of high-profile meetings in San Francisco.
Joined by Finance Secretary Ajay Seth and Indian Ambassador to the US Vinay Mohan Kwatra, Sitharaman emphasized the collaborative potential between the US and India. The discussions touched on India’s Rs 1 lakh crore ($12 billion) innovation fund, energy sustainability, and the GIFT-IFSC initiative.
In one-on-one meetings with CEOs, including Jonathan Siddharth (Turing), Debanjan Saha (DataRobot), Anjney Midha (Andreessen Horowitz), Raghu Raghuram (VMware), and Thomas Kurian (Google Cloud), FM Sitharaman underlined the government’s commitment to AI, highlighting key budget allocations and policy frameworks like the BharatGen and Sarvam-1 language technologies, and the IndiaAI Mission.
Kurian lauded India’s digital advancement under PM Modi’s leadership and expressed interest in investing further. The meetings also explored collaboration in AI excellence centers and emphasized sustainable infrastructure powered by carbon-free energy.
The Finance Minister appreciated the enthusiastic response from investors and welcomed their ideas to enhance the investment ecosystem in India.