Sitharaman holds investment talks in Singapore

October 12, New Delhi: Union Finance Minister Nirmala Sitharaman held meetings with global investment leaders in Singapore to explore investment opportunities in India across infrastructure, financial services, AI and sustainable finance.

Minister Sitharaman met Marcus Wallenberg, Chairperson of Skandinaviska Enskilda Banken, to discuss India’s economic outlook and European investments in sectors including energy, data centres, healthcare, I.T. and housing finance.

She also invited SEB to explore opportunities through GIFT IFSC and the National Investment and Infrastructure Fund.

Minister Sitharaman met HPS Investment Partners CEO Scott Kapnick to discuss private credit and long-term financing for Indian businesses. She encouraged HPS to establish a fund in GIFT IFSC and collaborate with the National Investment and Infrastructure Fund on major infrastructure projects.

Minister Sitharaman met B Capital CEO Raj Ganguly as well to discuss sovereign AI and investments in India’s AI ecosystem. She highlighted opportunities in AI services and banking applications, encouraging investments through GIFT IFSC and the National Investment and Infrastructure Fund, particularly involving pension funds.

(Caption 1-2: FM Sitharaman meets SEB Chairperson Marcus Wallenberg in Singapore on October 11, 2026.)

(Caption 3: FM Nirmala Sitharaman meets Scott Kapnick, CEO of HPS Investment Partners, in Singapore on October 11, 2026.)

(Caption 4-5: FM Sitharaman meets B Capital co-founder and CEO Raj Ganguly in Singapore on October 11, 2026.)

Source & Wire Service: Prasar Bharati SHABD (DD / Akashvani News)