Washington | August 29, 2026
Finance Minister Nirmala Sitharaman has invited global investors to establish manufacturing facilities as well as technology and innovation centres in India, highlighting the country's growing potential as a base for businesses looking to serve international markets.
Addressing a high-level Business Roundtable with investors and business leaders in Chicago on Friday, August 28, Sitharaman highlighted India's broad-based economic growth, ongoing reforms and expanding opportunities for long-term investment.
India Positions Itself as a Global Manufacturing Hub
Sitharaman emphasised that India's investment proposition is not dependent on any single industry. Instead, she pointed to the combination of the country's large market, economic growth, skilled talent, improving infrastructure, technological capabilities and reforms undertaken over the past decade.
Her message to international businesses was straightforward: companies can use India's expanding capabilities not only to serve the domestic market but also to manufacture products and develop technologies for global markets.
The government's focus on attracting investment comes as companies around the world continue to reassess their manufacturing and supply-chain strategies.
Focus on Technology, Talent and Innovation
Alongside manufacturing, Sitharaman encouraged investors to consider India for technology and innovation centres, pointing to the country's talent pool and expanding digital and physical infrastructure.
The push could create opportunities for businesses seeking to diversify production, establish research capabilities or develop regional operations from India.
For companies entering new markets, establishing a strong financial and compliance framework is an important part of long-term operations. Professional auditing services in india can help businesses review financial systems, strengthen internal controls and maintain reliable reporting as they expand.
India's ability to attract sustained investment will depend not only on investment announcements but also on the implementation of reforms, infrastructure development and the ease with which businesses can establish and operate their facilities.
Sitharaman's Chicago address reflects the government's broader effort to present India as a competitive destination for global manufacturing, technology and innovation.