Prime Minister Narendra Modi to chair a virtual roundtable of global investors on Thursday (dossier)
New Delhi:
Prime Minister Narendra Modi will chair a virtual global investors roundtable on Thursday that will provide an opportunity for leading global investors and Indian business leaders to engage and debate with key policymakers on how to further accelerate the growth of companies. international investments in the country.
The Virtual Global Investors Roundtable (VGIR) is hosted by the Ministry of Finance and the National Investment and Infrastructure Fund, the Prime Minister’s Office (PMO) said in a statement.
It is an exclusive dialogue between the world‘s leading institutional investors, Indian business leaders and top decision-makers in the Indian government and financial market regulators, the statement said.
Union Finance Minister Nirmala Sitharaman, Union Minister of State Finance Anurag Thakur, RBI Governor Shaktikanta Das and other dignitaries will also be present on the occasion.
The roundtable will see the participation of 20 of the world‘s largest pension and sovereign wealth funds with total assets under management of around $ 6 trillion, the PMO said.
These global institutional investors represent key regions including the United States, Europe, Canada, Korea, Japan, the Middle East, Australia and Singapore.
The event will see the participation of the main decision makers of these funds, that is to say the CEOs and CIOs, the statement said.
Noting that some of these investors would also engage for the first time with the Indian government, the statement said that apart from global investors, the roundtable will also see the participation of several top Indian business leaders.
VGIR 2020 will focus on discussions around India’s economic and investment outlook, structural reforms, and the government’s vision for the path to a $ 5 trillion economy, he said.
The event will provide an opportunity for leading global investors and Indian business leaders to engage and debate with high-level policy makers on how to further accelerate the growth of international investment in India, did -he declares.
Foreign investment in India this fiscal year is the highest on record for the first five months of a fiscal year, he noted.
VGIR 2020 will also be an opportunity for all stakeholders to further consolidate the strong partnerships that have been built and foster engagement with international institutional investors looking to scale up their Indian investments, the PMO said.
(Except for the title, this story was not edited by GalacticGaming staff and is posted from a syndicated feed.)
