FM Sitharaman Meets Top Executives Of Global Investment Funds, Banks; Discusses Investment Opportunities In India
Indian markets convened in an infrastructure development.
· NDTV Profit
Sitharaman met Lim Chow Kiat, Chief Executive Officer of Singapore's sovereign wealth fund GIC, and discussed India's long-term growth prospects and the role of institutional investors in supporting investment across infrastructure and other growth-oriented sectors such as financial services.
The analysis
Infra spending is both an economic-cycle signal and a direct order pipeline for capital-goods names.
Market context
- Sector exposure: Banks, Financial Services, Infrastructure.
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