Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, chaired the India-UK Investor Roundtable Conference in London, attended by about 60 UK investors, including pension funds, insurance companies, and banks.
The Finance Ministry reported that the conference, held on a Tuesday evening, highlighted the government’s commitment to sustained economic growth and investment opportunities that are shaping “New India.”
Sitharaman emphasized the government’s efforts to ease compliance and create a conducive business environment through procedural and governance reforms. She noted that India is set to become the sixth-largest insurance market by 2032, bolstered by a growing middle class and a stable policy environment, anticipating an annual growth rate of 7.1% from fiscal years 2024-2028.
More than 800 institutions across various sectors have registered with the IFSCA as of March 2025. Sitharaman also underlined the importance of India’s digital economy, which has become a key growth driver, contributing 11.74% to the GDP in fiscal year 2022-23. She is in the UK for the 13th Ministerial India-UK Economic and Financial Dialogue, engaging in talks with UK Chancellor Rachel Reeves and discussing the India-UK free trade agreement.
