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Sitharaman Pitches India’s Growth and Reforms to US Investors
India’s Finance Minister Nirmala Sitharaman met investors in New York.
She wanted to show them why India could be a good place to invest money.
She pointed to India’s 7.8% economic growth in the first quarter of the 2026-27 financial year.
She also described reforms intended to make business rules clearer and reduce paperwork.
The government is investing in infrastructure, including aviation.
It also wants to expand artificial intelligence, data centres and Global Capability Centres.
Sitharaman said small businesses need better access to loans and banks need fewer bad loans.
She said these efforts can strengthen economic links between India and the United States.
Finance Minister Nirmala Sitharaman addressed investors at a New York business roundtable organized by India’s consulate and Bank of America.
She highlighted India’s 7.8% GDP growth in the first quarter of FY 2026-27 as evidence of economic resilience.
Sitharaman cited regulatory reforms, including the Insolvency and Bankruptcy Code, as improvements to business conditions and compliance.
She emphasized infrastructure, aviation, artificial intelligence, data centres, Global Capability Centres and MSME credit as investment priorities.
India’s outreach aims to deepen economic ties with the United States while supporting fiscal discipline and the goal of building a Viksit Bharat by 2047.
- Who
- Finance Minister Nirmala Sitharaman, Ambassador Vinay Mohan Kwatra and investors in the United States.
- What
- Sitharaman presented India’s economic growth, reforms and investment opportunities at a business roundtable.
- Where
- New York, United States.
- When
- Wednesday; the cited growth figure covers the first quarter of FY 2026-27.
- Why
- To attract global capital and deepen trade and investment ties between India and the United States.
Key facts
- GDP growth
- India recorded 7.8% growth in the first quarter of FY 2026-27.
- Event
- A high-level investor roundtable was held in New York.
- Organizers
- The Consulate General of India in New York organized the event with Bank of America.
- Reform cited
- Sitharaman highlighted the Insolvency and Bankruptcy Code as supporting easier compliance and less paperwork.
- Investment priorities
- Infrastructure, aviation, artificial intelligence, data centres and Global Capability Centres.
- Business support
- The government is focusing on credit access for micro, small and medium enterprises and reducing banking-sector non-performing assets.
- Long-term goal
- The initiatives are linked to the objective of building a Viksit Bharat by 2047.
Sources
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