Overview
- At a CEOs roundtable in Oslo, the finance minister urged higher FDI into India, calling it the fastest-growing major economy.
- She said the Union Budget 2026–27 advances regulatory easing to reduce compliance burdens for companies and citizens.
- Citing agreements with EFTA, the EU, the UK and the US, she framed India’s trade architecture as a stable base for long-term investment and industrial collaboration.
- Norwegian participants praised India’s predictable policy and macro environment as the NIIF chief outlined sectoral opportunities.
- In talks with Jonas Gahr Store, both sides discussed steps to operationalise TEPA and mapped cooperation in high-tech manufacturing, carbon capture, startups, semiconductors, renewables and waste management, while Norway also flagged collaboration in fisheries, health tech, maritime and space and noted an expected visit by Prime Minister Narendra Modi later this year.