6 days ago
Sitharaman Seeks Deeper Canadian Investment Across India’s Growth Sectors
India’s Finance Minister Nirmala Sitharaman met Canadian investors and business leaders in Toronto.
She asked them to invest more money in India.
She said India has opportunities in roads, renewable energy, technology, mining and other industries.
She also pointed to India’s growing economy and infrastructure needs.
Three large Canadian pension funds discussed expanding their investments.
They looked at projects involving transport, energy, cities, ports, digital infrastructure and data centres.
Sitharaman said reforms are making investing more predictable and secure.
She also promoted GIFT IFSC as a place for international financial activity.
Finance Minister Nirmala Sitharaman urged Canadian investors and businesses to expand their engagement with India.
She promoted opportunities in infrastructure, technology, capital markets, critical minerals and other growth sectors.
Meetings with CPPIB, Ontario Teachers’ Pension Plan and OMERS focused on infrastructure, renewable energy, transport and real estate.
Sitharaman highlighted India’s tax certainty, investor protection, regulatory predictability, transparency and ongoing reforms.
She presented GIFT IFSC as a platform for private credit, international financial services and global investment.
- Who
- Finance Minister Nirmala Sitharaman, Canadian business leaders, Canaccord Genuity and institutional investors including CPPIB, Ontario Teachers’ Pension Plan and OMERS.
- What
- Sitharaman promoted Indian investment opportunities and sought deeper Canadian investment, partnerships and co-investment across multiple sectors.
- Where
- Toronto, Canada.
- When
- The meetings and roundtable were reported on Thursday; the articles do not specify the calendar date.
- Why
- To attract more Canadian capital and expertise to India and expand institutional investment in infrastructure and emerging growth opportunities.
Key facts
- Main objective
- Deepen Canadian investment flows, partnerships and institutional engagement in India.
- Canadian institutions
- Canada Pension Plan Investment Board, Ontario Teachers’ Pension Plan and OMERS.
- Discussed sectors
- Transmission, renewable energy, roads, ports, transport, urban infrastructure, logistics, real estate, digital infrastructure and data centres.
- Additional opportunities
- Technology, capital markets, critical minerals, rare earths, clean technology, aerospace, artificial intelligence and biotechnology.
- Policy themes
- Investor-friendly policies, greater tax certainty, investor protection, regulatory predictability, transparency and ongoing reforms.
- Investment platform
- GIFT IFSC was highlighted for private credit and international financial services.
- Existing partnerships
- Ontario Teachers’ Pension Plan and Canada Pension Plan Investment Board participate in NIIF Infra Fund II.
Quotes
Finance Ministry
India’s Finance Ministry, reporting on the Toronto business roundtable
“The roundtable brought together business leaders from clean technology, critical minerals, rare earths, energy storage, sustainable infrastructure, agriculture, food processing, automotive, textiles, green steel, aerospace, space, cybersecurity, biotechnology, AI, asset management, higher education and skills development.”
thehansindia.com
“The meeting also explored opportunities to strengthen OMERS’ presence in India and broaden its engagement beyond its existing infrastructure and real estate investments.”
thehansindia.com
Sources
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