Overview

• Finance Minister Nirmala Sitharaman delivered a keynote at Stanford University, emphasizing bold reforms, sustainability, and innovation as pillars for India's transformation into a developed nation by 2047.
• Sitharaman engaged with global CEOs, including leaders from Google Cloud, Turing, and DataRobot, to promote collaboration on AI, digital infrastructure, and clean energy under initiatives like the IndiaAI Mission.
• The Indian government has quadrupled capital expenditure since 2017-18, creating a foundation for manufacturing-led growth and positioning India as the world's fifth-largest economy.
• Key domestic initiatives include extended maternity leave, higher deposit rates for women, and tax concessions to boost women's economic participation and inclusive growth.
• Sitharaman highlighted opportunities for deeper India-US collaboration in semiconductors, quantum technology, and pharmaceuticals, addressing global trade shifts and investment challenges.