India’s opportunities showcased at the IPEF Clean Economy Investors Forum
On the sidelines of the inaugural Indo-Pacific Economic Framework (IPEF) Clean Economy Investors Forum, the Department of Commerce and Investment held a meeting to showcase various investment opportunities in India.
On the sidelines of the inaugural Indo-Pacific Economic Framework (IPEF) Clean Economy Investors Forum, the Department of Commerce and Investment held a meeting to showcase various investment opportunities in India.
India's growth rate is almost double that of other emerging market economies
In his inaugural address, Department of Commerce Secretary Sunil Barthwal stressed that India’s growth rate is almost double that of other emerging market economies. He commented on how this robust growth is creating a trend of ‘reverse flipping’, where Indian startups, which once went abroad for capital access and tax benefits, are now returning home. He emphasized that the emergence of emerging technologies and data centres like AI along with the digital economy is the key to future Indian growth.
Investment in physical and digital infrastructure will have a multiplier effect on the Indian economy
More than 60 participants, including global investors from the US, Singapore, Japan, Australia, Korea and other countries, as well as private sector and government officials from India, participated in the meeting held at The Marina Bay Sands in Singapore. The event brought together investors and financial institutions from IPEF member countries such as Temasek, Global Infrastructure Partners, Garantco, Private Infrastructure Development Group (PIDG), Goldman Sachs, I Squad Capital, Mizuho Bank Limited.Dr. Shilpak Ambule, High Commissioner of India to Singapore, stressed on the fundamental aspects that promote Indian growth. Investment in physical and digital infrastructure will have a multiplier effect on the Indian economy and legal and regulatory changes have created a pro-market sector, providing a conducive and predictable policy environment, he said. He stressed on how India will be able to participate in the transformation of the global supply chain and the Indian effort to modernize infrastructure.
Policy reforms aimed at streamlining rules, enhancing transparency and ease of doing business.
This was followed by an India opportunity presentation in which Invest India showcased India through various government flagship initiatives such as an improved startup ecosystem, a huge pool of skilled and talented professionals in various industries, incentives to invest in infrastructure projects, policy reforms aimed at streamlining rules, enhancing transparency and ease of doing business.
clean economy companies and innovative startups to drive sustainable infrastructure
Smt. Nivruti Roy, MD & CEO, Invest India highlighted that India looks forward to collaborating with investors, clean economy companies and innovative startups to drive sustainable infrastructure, climate technology and renewable energy projects to meet net zero goals.In the Fireside Chat titled Charting India Opportunity, Ms. Radhika Rao, Senior Economist and Executive Director noted that India’s strength lies in 4C – continuity and continuity in policy and reform; increasing capex through public, private spending and the private sector; the structure of trade migration towards the manufacturing sector; Consumption will increase in the next five years.
India is attracting investments in a wide range of sectors ranging from semiconductor assembly to testing, automobiles to capital goods.
Nomura Managing Director Sonal Verma spoke at length about the Nomura India report. The survey, which maps around 130 companies’ investments in the region and the country, saw the highest number of companies looking at India as compared to any other geography, the report said. India is attracting investments in a wide range of sectors ranging from semiconductor assembly to testing, automobiles to capital goods.
Digital revolution and India is seen as a secular investment opportunity.
Mr. Kunal Agarwal, Managing Director, I Squad highlighted that India is going through infrastructure supercycle, which is an enabler for the digital revolution and India is seen as a secular investment opportunity.
Nomura Managing Director Sonal Verma spoke at length about the Nomura India report. The survey, which maps around 130 companies’ investments in the region and the country, saw the highest number of companies looking at India as compared to any other geography, the report said. India is attracting investments in a wide range of sectors ranging from semiconductor assembly to testing, automobiles to capital goods.
India is going through infrastructure supercycle
Mr. Kunal Agarwal, Managing Director, I Squad highlighted that India is going through infrastructure supercycle, which is an enabler for the digital revolution and India is seen as a secular investment opportunity.
About IPEF and The Clean Economy Investor Forum
The Indo-Pacific Economic Framework for Prosperity (IPEF) was launched in May 2022 and now includes 14 partners – Australia, Brunei Darussalam, Fiji, India, Indonesia, Japan, Republic of Korea, Malaysia, New Zealand, The Philippines, Singapore, Thailand, the United States and Vietnam. The IPEF, which consists of four pillars of cooperation such as trade, supply chains, clean economies and fair economies, provides a platform for countries in the region to cooperate in advancing stable, sustainable and inclusive economic growth and aims to contribute to cooperation, stability and prosperity in the region.
The IPEF Clean Economy Investors Forum, one of the initiatives under the IPEF, brought together top investors, philanthropists, financial institutions, innovative companies, start-ups and entrepreneurs in the region to raise investments in sustainable infrastructure, climate technology and renewable energy projects. read more
