ANI
04 Jun 2026, 10:01 GMT+10
Mumbai (Maharashtra) [India], June 4 (ANI): Prime Minister Narendra Modi met Citi Chair and Chief Executive Officer Jane Fraser to discuss opportunities to further support India's economic growth priorities, including attracting global investment, expanding Indian companies overseas, alternative energy, and artificial intelligence.
According to a statement issued by Citi on Thursday, Fraser met the Prime Minister during her visit to India and reaffirmed the global financial institution's commitment to supporting the country's growth agenda.
During the meeting, Prime Minister Modi shared his vision for accelerating economic growth and achieving the objective of Viksit Bharat 2047. Discussions focused on investment and capital flows into India, opportunities for Indian corporates in international markets, development of alternative energy sources, and the role of artificial intelligence in economic development.
'Discussions covered attracting global investment into India, championing Indian companies abroad and exploring opportunities in alternative energy and artificial intelligence,' the statement said.
The two sides explored ways in which Citi could further support India's economic agenda by helping attract global investors and assisting Indian companies as they expand into new markets abroad.
The discussions also covered the development of green energy sources, including solar energy and green hydrogen, as well as regulatory aspects of artificial intelligence and its potential contribution to economic growth.
Fraser was accompanied by K Balasubramanian, India CEO and Banking Head and Indian Subcontinent Sub-Cluster Head at Citi. They highlighted Citi's nearly 125-year presence in India, discussed the firm's recent growth in the country, and reiterated its commitment to supporting Indian clients and the broader economy.
The statement noted that the meeting reflected the confidence of global financial institutions in India's reform agenda and ongoing economic transformation.
Citi is hosting more than 1,500 clients and investors at its Citi India Conference in Mumbai from June 3 to June 5, 2026, aimed at highlighting investment opportunities in India and strengthening engagement with global capital.
The year 2027 will mark Citi's 125th year of operations in India. (ANI)
Get a daily dose of Kolkata Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Kolkata Sun.
More InformationKHARTOUM, Sudan: The United Nations says sexual violence has become one of the main features of the war in Sudan, which is now in its...
GENEVA, Switzerland: The United Nations weather agency said on June 2 that a moderate or possibly strong El Niño could develop, which...
GENEVA, Switzerland: Global health organization CEPI has committed roughly $60 million to accelerate the development of vaccines against...
BUDAPEST, Hungary: Hungarian Prime Minister Peter Magyar said on June 1, after meeting President Tamas Sulyok, that if the president...
TEL AVIV, Israel: Benjamin Netanyahu is facing criticism at home after U.S. President Donald Trump said Israel would stop plans to...
DUBAI, U.A.E.: Iran has stopped indirect talks with the United States after Israel ordered its troops to move deeper into Lebanon to...
London [UK], June 4 (ANI): Former Indian Premier League (IPL) Commissioner Lalit Modi has claimed that media mogul Rupert Murdoch became...
London [UK], June 4 (ANI): Former IPL commissioner Lalit Modi has revealed that he is currently working on a biopic based on his life....
Mumbai (Maharashtra) [India], June 4 (ANI): Prime Minister Narendra Modi met Citi Chair and Chief Executive Officer Jane Fraser to...
London [UK], June 4 (ANI): Former IPL Commissioner Lalit Modi, who claims that there is no wrongdoing by him in the legal cases faced...
New Delhi [India], June 4 (ANI): The Indian cement industry is projected to achieve a volume growth of 6-7 per cent for FY27E, driven...
South 24 Parganas (West Bengal) [India], June 4 (ANI): A team of the National Investigation Agency (NIA) on Thursday carried out search...
