Overview

• Nirmala Sitharaman concluded her San Francisco engagements, meeting with US tech leaders and institutional investors to advance AI, digital infrastructure, and investment collaboration under India’s Digital India and Make in India initiatives.
• Key discussions included Google Cloud’s carbon-free energy goals and potential India linkages, and DataRobot’s interest in India’s AI Center of Excellence and private sector R&D initiatives.
• At Stanford University’s Hoover Institution, Sitharaman outlined India’s long-term vision for becoming a developed nation by 2047, emphasizing inclusive, sustainable, and innovation-driven growth.
• She highlighted India’s decade of structural reforms, including digitization, compliance rationalization, and a fourfold increase in capital expenditure to bolster manufacturing and infrastructure.
• Sitharaman is now traveling to Washington DC to participate in IMF, World Bank, and G20 meetings, aligning India’s fiscal strategies with global economic shifts and exploring further bilateral opportunities.