The meeting will provide an opportunity for major global investors and business chiefs of India to engage with senior policymakers in the country and discuss measures to accelerate further international investment in India.
This virtual meeting will be attended by a number of veteran investors from around the world.
PM Modi to hold a roundtable meeting Global investors
Prime Minister Narendra Modi will address the Global Investor Roundtable at 6 PM today i.e. This virtual meeting will be attended by a number of veteran investors from around the world.
It could include industry leaders from India like Mukesh Ambani, Ratan Tata, Nandan Nilekani, Uday Kotak, Dilip Sanghavi, Deepak Parekh.
Besides, senior officials from several financial regulatory institutions including Finance Minister Nirmala Sitharaman and RBI Governor Shaktikanta Das will also attend the meeting.
The meeting aims to attract investment in India’s infrastructure sector. It is noteworthy that the Modi government is constantly trying to woo investors to improve the economy and meet the $5 trillion economy target amid the Corona crisis.
The Virtual Global Investors Roundtable (VGIR) has been held on Thursday in the same link.
20 veteran investors to be involved
Economic Affairs Secretary Tarun Bajaj said the roundtable summit will be attended by 20 major investors in the world, sovereign wealth funds, and head of pension funds.
They all manage a fund of $6 lakh million (about Rs 445 lakh crore).
The meeting is being organized by the Ministry of Finance and the National Investment and Infrastructure Fund. “The idea behind this conference is to inform investors about investment opportunities in India, India’s current economic situation and opportunities for them,” Bajaj said.
Senior officials of these funds will be involved
He said the summit will be attended by global institutional investors from the US, Europe, Canada, South Korea, Japan, the Middle East, Australia, Singapore.
In addition, funds such as Temasek, Australian Super, CDPQ, CPP Investments, GIC, Future Fund, Japan Post Bank, Japan Bank for International Co-operation, Korean Investment, Nippon Life, Mubadala will be included.