Archive · 3 Sep 2026
Sitharaman Pitches India's Reform-Led Growth to New York Investors
India’s Finance Minister Nirmala Sitharaman met investors in New York.
She explained why she thinks India is a good place for businesses to invest.
She pointed to 7.8% economic growth during the first quarter of the 2026-27 financial year.
She said reforms have made business rules clearer and reduced paperwork.
One reform she mentioned was the Insolvency and Bankruptcy Code.
The government also wants to build infrastructure, especially in aviation.
It is supporting artificial intelligence, data centres, Global Capability Centres and loans for small businesses.
Sitharaman said India is still trying to control its finances carefully.
She and Ambassador Vinay Mohan Kwatra said stronger trade and investment links could benefit India and the United States.
Finance Minister Nirmala Sitharaman presented India’s growth, reforms and investment opportunities at a New York investor roundtable.
She cited 7.8% GDP growth in the first quarter of FY 2026-27 as evidence of economic resilience despite global disruptions.
Sitharaman highlighted the Insolvency and Bankruptcy Code as a reform that improved regulatory certainty, compliance and paperwork.
Priority investment areas include infrastructure and aviation, artificial intelligence, data centres, Global Capability Centres and MSME credit.
She emphasized fiscal discipline and stronger India-US trade and investment links as part of the Viksit Bharat 2047 goal.
- Who
- Finance Minister Nirmala Sitharaman, Ambassador Vinay Mohan Kwatra and investors in the United States.
- What
- Sitharaman pitched India’s reform-led growth story, economic resilience and investment opportunities at a high-level business roundtable.
- When
- The roundtable took place on Wednesday; the event was reported or announced on Thursday. The cited growth covers the first quarter of FY 2026-27.
- Where
- New York, United States; Sitharaman had arrived after attending a G20 finance ministerial meeting in Asheville, North Carolina.
- Why
- To attract global capital, promote India’s investment climate and deepen trade and investment links between India and the United States.
- GDP growth
- India recorded 7.8% growth in the first quarter of FY 2026-27.
- Event
- A high-level business roundtable with investors was held in New York.
- Organizers
- The Consulate General of India in New York organized the event in association with Bank of America.
- Key reform
- Sitharaman highlighted the Insolvency and Bankruptcy Code for improving regulatory certainty, easing compliance and reducing paperwork.
- Investment priorities
- The government is focusing on capital assets, infrastructure, aviation, artificial intelligence, data centres and Global Capability Centres.
- Business support
- Sitharaman cited efforts to ensure credit for micro, small and medium enterprises and reduce banks’ non-performing assets.
- Long-term objective
- The measures were linked to the goal of building a Viksit Bharat by 2047.
