Piyush Goyal Meets Nippon Life India AMC CEO Sundeep Sikka To Discuss Boosting Retail Investment
New Delhi: Union Minister for Commerce and Industry Piyush Goyal on Monday held a meeting with Sundeep Sikka, MD and CEO of Nippon Life India Asset Management Ltd, and discussed measures to deepen retail investment and strengthen India's asset management ecosystem. Goyal said the meeting also focused on exploring avenues to attract greater global capital into Indian markets. "Held a meeting with…
Union Commerce Minister Piyush Goyal met with Sundeep Sikka, CEO of Nippon Life India Asset Management Ltd., to explore strategies for increasing retail investment and bolstering India's asset management sector. Goyal also discussed avenues to attract more global capital into the Indian markets during the meeting. Sikka's company reported a 27% rise in net profit to ₹503.09 crore in Q1 FY27.
Earlier, Goyal spoke with Check Point Software CEO Nadav Zafrir, focusing on the company's expanding presence in India, its AI-driven security solutions for digital public infrastructure, and the potential for cooperation in cybersecurity, digital trust, and AI-led innovation. Goyal also attended the apex monitoring authority meeting for the National Industrial Corridor Development and Implementation Trust (NICDIT) chaired by Finance Minister Nirmala Sitharaman.
Goyal urged for faster implementation of Industrial Corridor projects, with a focus on timely investment and operationalization, in line with PM GatiShakti and through an integrated area-development approach. He emphasized the importance of aligning BHAVYA and future industrial developments with PM GatiShakti and utilizing opportunities from India's Free Trade Agreements, as well as creating ready-to-use industrial ecosystems with plug-and-play infrastructure, flatted factories, worker housing, and supporting economic and social infrastructure.
This approach would expedite investment and operational commencement. So far, 469 plots covering 5,348 acres have been allotted, with an estimated investment potential of Rs 2.21 lakh crore and employment potential of 1.29 lakh persons.
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