Nirmala Sitharaman chairs India-UK Investor Roundtable in London

Finance Minister Nirmala Sitharaman on Wednesday chaired an India-UK Investor Roundtable in London, attracting around 60 UK investors representing various pension funds, insurance companies, banks and other financial institutions. According to the Ministry of Finance, the high-level roundtable on Tuesday evening outlined the priorities of the government for enabling sustained economic growth and investment opportunities, with the policy support that is shaping "New India". It highlighted the efforts being made by the ministry to pursue process and governance reforms to reduce compliance burden and ease regulation for facilitating an enabling environment for business and investments.
Addressing the event, Ms Sitharaman said that India offers a compelling growth opportunity for foreign banks and the Government of India is actively encouraging foreign investment in the banking sector. With expanding middle class, and strong and stable policy environment, the Union Finance Minister said that India is set to become the 6th largest Insurance market by 2032 with the expected growth at 7.1% CAGR from 2024-2028 — one of the fastest growing insurance market among G20 countries. She informed the investors that the Indian securities market is among the first major markets to fully adopt T+1 settlement, as early as in 2023, and India’s market capitalisation stands at $4.6 trillion (~3.7 trillion GBP), currently ranked fourth globally. Underlining India's digital economy as a significant contributor to its economic growth, accounting for 11.74% of the GDP ($402 billion ~GBP 320 billion) in 2022-23, Ms Sitharaman informed the participants that India stands third globally in terms of the number of homegrown unicorns.The Union Finance Minister said that India is home to leading FinTech ecosystem, driven by a large tech-savvy population, supportive government policies, and innovative startup ecosystem.

Infrastructure development has been a cornerstone of our policy agenda over the past decade. The Union Government’s capital expenditure has been raised by 4.3 times from 2017-18 to 2025-26 Budget. This significant increase has led to a qualitative transformation in India’s… pic.twitter.com/ehBGKngvsF

— Nirmala Sitharaman Office (@nsitharamanoffc) April 8, 2025

The participants shared with the minister, their views on the reforms pursued by the government and gave feedback and observation on the existing policy framework. They also spoke about their keen interest and commitment for a deeper and broad based investment collaboration between UK and India.