Story perspectives

Sitharaman Urges Canadian Investors to Boost Long-Term India Funding

8/27/2026

Summary

Story summary

India Finance Minister Nirmala Sitharaman urged Canadian investors to increase long-term investment in India.
She promoted infrastructure, technology, capital markets and critical-minerals as investment opportunities.
Sitharaman met Canaccord Genuity CEO Dan Daviau and vice-chair Rod Phillips expanding ties.
She thanked CPPIB president John Graham for investment in NIIF Infra Fund II.
Sitharaman urged Ontario Teachers’ Pension Plan CEO Jo Taylor to increase infrastructure co-investment and cited GIFT IFSC as a platform.

History

Historical Context

In July 1991 Finance Minister Manmohan Singh launched an industrial policy that ended India’s license-raj and opened the economy to foreign capital. The reforms created a precedent that Finance Minister Nirmala Sitharaman now cites while courting investors such as CPPIB and Ontario Teachers. That outreach echoes the 1991 shift that unfolded while a UN-authorized coalition of 34 nations fought the Gulf War.

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Story summary

India Finance Minister Nirmala Sitharaman urged Canadian investors to increase long-term investment in India.
She promoted infrastructure, technology, capital markets and critical-minerals as investment opportunities.
Sitharaman met Canaccord Genuity CEO Dan Daviau and vice-chair Rod Phillips expanding ties.
She thanked CPPIB president John Graham for investment in NIIF Infra Fund II.
Sitharaman urged Ontario Teachers’ Pension Plan CEO Jo Taylor to increase infrastructure co-investment and cited GIFT IFSC as a platform.

1 / 2