Overview
- Prime Minister Narendra Modi met Citi Chair and CEO Jane Fraser on Wednesday to discuss ways to attract global capital for India’s Viksit Bharat 2047 growth agenda.
- The talks focused on financing for AI infrastructure, including large data‑centre builds, and on renewable projects such as solar power and green hydrogen.
- Fraser told the Citi India Conference that India’s long‑term growth story remains intact and urged investors not to overemphasize short‑term headwinds.
- Citi used the Mumbai conference, which hosts more than 1,500 clients and investors, to reaffirm nearly 125 years of commitment to India and to showcase deal pipelines.
- Fraser cautioned that rising global sovereign debt and a prolonged West Asia conflict could slow major investments and strain supply chains, which may temper near‑term capital flows.