Union Minister Piyush Goyal discusses scaling up retail investment with Nippon Life India AMC CEO Sundeep Sikka

Union Commerce Minister Piyush Goyal met with Sundeep Sikka, CEO of Nippon Life India AMC, on Monday to discuss boosting retail investment and fortifying India's asset management sector. The discussion centered on strategies to lure additional global capital into Indian markets. Goyal shared updates on this conversation via his X account.

The Commerce Minister also held a meeting with Check Point Software CEO Nadav Zafrir. The talk shed light on Check Point's expanding presence in India, particularly its AI-powered security solutions aimed at fortifying the nation's digital public infrastructure. Goyal highlighted the importance of cybersecurity, digital trust, and AI-led innovation in fostering a resilient digital ecosystem to support India's technology-driven growth.

This meeting was part of the third Apex Monitoring Authority of the National Industrial Corridor Development and Implementation Trust (NICDIT) chaired by Finance Minister Nirmala Sitharaman.

Goyal emphasized the urgency of implementing Industrial Corridor projects swiftly and efficiently, with a strong emphasis on timely investments and operationalization. He stressed the alignment of BHAVYA and subsequent industrial developments with PM GatiShakti, advocating for an integrated area-development strategy. Goyal also called for enhanced investor outreach and more robust marketing of industrial hubs, including leveraging the benefits of India's Free Trade Agreements and exploring sector-specific industrial zones.

The Minister underscored the necessity to align investor expectations with suitable locations, focusing on creating ready-to-use industrial ecosystems with plug-and-play infrastructure, pre-fabricated factories, worker housing, and complementary economic and social infrastructure.