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Finance Minister Nirmala Sitharaman has said that India is poised to continue its sustained growth trajectory and enhance its contribution to global growth significantly. She also noted that at the current rate, India is likely to be the world's third-largest economy by 2027. While addressing the Roundtable on 'Investment Opportunities in India' at the New York Stock Exchange, Finance Minister shared the contours of various policy reforms and initiatives that are shaping India, with a focus on the Government's priorities for facilitating sustained economic growth for sustained long-term investment opportunities.

Besides, observing that India's emergence as one of the fastest-growing economies in the world which has witnessed a profound positive transformation in the last 10 years, she emphasized on the nation's determination to not just contribute to but also determine the shape and direction of global recovery, while redefining its own place in the global economic order. As India undergoes this transformation, she exuded confidence that there will be a host of opportunities for growth and returns for investors in India. 

Anchoring India's growth in the vision of Atmanirbhar Bharat, she said that it seeks to reinvigorate India's manufacturing abilities and integrate it with the redefining Global Supply Chains. She further said that India has not only created a strong baseline for infrastructure creation and development with initiatives such as the National Infrastructure Pipeline (NIP) and the National Monetisation Pipeline (NMP), but also bolstered the manufacturing sector's competitiveness through Production Linked Incentive (PLI) schemes across sectors.

Sitharaman referred to India's ground-breaking structural reforms for a stable regulatory framework for investors, such as simplifying the tax structure through the Goods and Services Tax (GST); streamlining the resolution of distressed assets through the Insolvency and Bankruptcy Code (IBC); liberalising Foreign Direct Investment FDI norms across various sectors; and enhancing the simplicity and transparency of the overall foreign investment policy framework. Further, Minister underlined that these policy reforms and initiatives are built on an entirely new digital economy, spurring innovation and tech entrepreneurship resulting in India becoming the 3rd largest start-up ecosystem globally, with over 100 unicorns engaged in innovations for the public good.