Sitharaman Meets Global CEOs, Seeks Investment In India
NEW YORK-Finance Minister Nirmala Sitharaman held a series of discussions with CEOs of global companies in New York on new investment opportunities in digital infrastructure in India’s fast-growing economy, according to an official statement posted on X on September 4.
In a meeting with Sanjeev Ahuja, Chairman and CEO of Tillman Holdings, Sitharaman said India’s policy design, including recent Budget announcements, facilitates investment in digital infrastructure. She highlighted the rapid growth of sectors such as Artificial Intelligence (AI), cloud computing, digital services and enterprise technology.
These sectors are generating sustained demand for data centers, high-capacity networks and reliable power infrastructure, she said, adding that companies such as Tillman Holdings are well positioned to participate in the next phase of India’s digital infrastructure growth.
The two also discussed opportunities to develop large-scale, resilient and sustainable digital infrastructure campuses.
In another meeting with Marsh Re CEO Dean Klisura and Devanshu Dhyani, head of strategy and corporate development at Marsh Re, Sitharaman said India offers global professional-services and risk-management firms a combination of a large domestic market, skilled talent, expanding infrastructure, digital capabilities and an increasingly reform-oriented business environment.
She noted that these strengths are underpinned by India’s economic performance as the fastest-growing major economy, with GDP growth of 7.8 per cent in Q1 of FY 2026-27.
The Marsh Re team acknowledged the government’s reform orientation and said the company is keen to further grow and expand its presence in India, particularly as the country offers a level playing field along with a well-informed regulator, the Insurance Regulatory and Development Authority of India (IRDAI).
Marsh Re also said it has strengthened its focus on GIFT City and is increasing its engagement with the financial ecosystem there across products and services.
In a meeting with Alejandro Perez, Group COO of BNY Mellon, discussions focused on India’s resilient growth trajectory and opportunities for deeper investment by global financial institutions.
Perez highlighted BNY Mellon’s longstanding commitment to India and its view of the country as a critical market in its global operations and growth strategy. He also highlighted the company’s engagement with leading Indian institutions, including IITs, with a focus on developing and nurturing high-quality talent.
Perez noted the evolving role of BNY Mellon’s India operations, with the country increasingly serving not only as a delivery center but also as a strategic global hub for innovation, technology and advanced capabilities, including AI.
The discussion also covered opportunities arising from India’s growing financial ecosystem, Digital Public Infrastructure, Global Capability Centers (GCCs) and GIFT City-IFSC.
Sitharaman invited the BNY Mellon team to visit GIFT-IFSC and explore the range of products and services offered there. (IANS)
