September 13, 2026 07:28 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
India-UAE Comprehensive Strategic Partnership in focus: Modi meets Abu Dhabi Crown Prince on BRICS sidelines | Xi Jinping lands in India for BRICS; big Modi meeting set for New Delhi | ‘Hospitality on another level’: South African official stunned by India’s BRICS hosting | Suvendu Adhikari eats fish bhog at Kalighat Temple amid Bageshwar Baba row | Bangladeshi Hindu monk Chinmoy Krishna Das breaks down emotionally as he gets 5-hour parole to attend mother’s funeral | Sheikh Hasina’s daughter Saima Wazed quits WHO post amid fraud allegations | After days of silence, China confirms Xi Jinping’s India visit for BRICS Summit | Big setback for Abhishek Banerjee as CID arrests aide Sumit Roy | Firebrand Tukaram Mundhe’s Food Safety Blitz Hits ISKCON Juhu, 3 Licences Suspended | Vande Mataram row erupts in INDIA bloc: Congress objects, ally NC hits back, BJP pounces

Jaitley begins Australia tour batting for FDI

| | Mar 29, 2016, at 06:17 pm
Sydney/New Delhi, Mar 29 (IBNS) Indian Finance Minister Arun Jaitley arrived in Sydney on Tuesday on his four-day official visit to Australia and met New South Wales (NSW) Premier Mike Baird.
During his meeting with Baird, Jaitley, in his opening remarks said  that India needs lot of Foreign Direct Investment (FDI), especially in manufacturing and infrastructure sector. 
 
He said that state governments in India too are taking a keen interest and competing among themselves to have foreign investments in their respective states. 
 
Jaitley said that present Government has opened various sectors for FDI, including railways and defence. 
 
He invited businesses in NSW to invest and make in India. He said, "we want foreign sovereign wealth funds to be part of NIIF, pension and insurance funds in India." 
 
Jaitley also highlighted the various initiatives and reforms measures undertaken by the present Government to boost the Indian economy, which is growing at the rate of above 7.5%. 
 
Speaking on the occasion, NSW Premier, Baird, expressed a keen interest about the investment opportunities in India particularly in the infrastructure sector. 
 
He highlighted the importance of communicating the information to larger business community in Australia to enable them to understand the opportunities available in India. 
 
He also informed Jaitley that he intends to visit India during the next Vibrant Gujarat programme, which is planned to be held in India in January 2017. 
#Indian Finance Minister # Arun Jaitley # Foreign Direct Investment

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
In Images: Modi meets African leaders on BRICS sidelines
In Images: Modi meets African leaders on BRICS sidelines Sep 13, 2026, at 07:20 pm
In Images: PM Modi with BRICS leaders at Bharat Mandapam
In Images: PM Modi with BRICS leaders at Bharat Mandapam Sep 13, 2026, at 05:33 pm
In Images: PM Modi delivers opening remarks at 18th BRICS Summit session
In Images: PM Modi delivers opening remarks at 18th BRICS Summit session Sep 13, 2026, at 05:23 pm
Related Videos
Ramnami tattoos, music and tech: Chaltabagan's ‘Nishan’ takes Durga Puja global Aug 31, 2026, at 07:59 pm
ABVP-Left student groups clash at Jadavpur University in Kolkata Aug 20, 2026, at 11:09 am
Massive fire broke out at plastic factory in Siliguri. No casualties reported. Aug 19, 2026, at 03:47 pm