India is a ‘storehouse of opportunities’ for investors and business companies: Nirmala Sitharaman

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Finance Minister Nirmala Sitharaman | Twitter/@FinMinIndia
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Washington: Union Finance Minister Nirmala Sitharaman told executives of top American companies that there is a ‘storehouse of opportunities’ for investors and business companies in India.

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Sitharaman (62) met executives of several top US companies and briefed them about various programs under the ‘Self-reliant India’ initiative of the central government led by Prime Minister Narendra Modi.

Sitamaran is currently in the US capital to attend the annual meetings of the International Monetary Fund (IMF) and the World Bank. On the sidelines of the meeting of these two bodies, she is also meeting CEOs of several top US companies present in India and showing interest in capitalizing investment opportunities there.

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The ministry said that during the meeting with Amway CEO Milind Pant, areas related to research and development, manufacturing automation, innovation and nutrition were discussed.

The Finance Minister mentioned initiatives such as the National Monetization Pipeline launched recently by the National Infrastructure Master Plan and the plethora of opportunities in GIFT City in Gujarat. The minister underlined the company’s presence and performance in India since 1998 and its willingness to invest in the coming years.

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