Sitharaman pitches India manufacturing to investors
Analysis based on 6 articles · First reported Aug 29, 2026 · Last updated Aug 29, 2026
The event is a promotional effort to attract foreign investment into India's manufacturing and technology sectors, potentially boosting capital inflows and strengthening India's position in global supply chains. While no immediate market moves are expected, positive sentiment could support Indian equities and the rupee, and benefit sectors like manufacturing, technology, and infrastructure.
On August 28, 2026, India's Finance Minister Nirmala Sitharaman addressed a high-level Business Roundtable in Chicago, organized by India's Consulate General in association with the US-India Strategic Partnership Forum. She invited global investors to establish manufacturing bases, technology and innovation centers in India, urging them to leverage India's talent and opportunity to build for the world. Sitharaman highlighted India's broad-based growth, reform momentum, and long-term investment opportunities across sectors including manufacturing, AI, digital, financial services, infrastructure, food processing, defense, and advanced technologies. She emphasized India's digital public infrastructure (Aadhaar, UPI, DigiLocker, ONDC, India Stack) and the emergence of India — GIFT City as an international financial center with 1,250 registered entities as of June 2026. She also promoted the National Investment and Infrastructure Fund as a platform for infrastructure investment. The visit is part of a six-day US trip, including the G20 Finance Ministers' meeting in Asheville, North Carolina.
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