Manufacture in India, build for world: FM Sitharaman

Indian Finance Minister Nirmala Sitharaman met with global investors in Chicago to promote India as a premier manufacturing and innovation hub. She emphasized the country's digital infrastructure and reform momentum as key drivers for long-term international investment.
Why it matters
The push to position India as a global manufacturing alternative to China is a critical component of current international trade and supply chain diversification strategies.
Finance Minister Nirmala Sitharaman invited global investors to set up manufacturing bases, and technology and innovation centres in India, urging them to leverage talent and opportunity to build for the world.
Addressing a high-level Business Roundtable with leading investors and business leaders in Chicago on Friday (August 28, 2026), Ms. Sitharaman highlighted India’s broad-based growth, reform momentum and expanding opportunities for long-term investment.
Ms. Sitharaman emphasised that India’s investment proposition rests not on any single sector, but on the convergence of scale, growth, talent, infrastructure, technology, and sustained reform over the past decade.
“The policy environment is increasingly focused on enabling businesses to invest, manufacture, innovate and expand,” she said at the roundtable organised by India’s Consulate General in Chicago in association with U.S.-India Strategic Partnership Forum.
The Finance Minister invited global partners to co-develop, co-produce and build for global markets.
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