Investments In India Can Now Be Committed Without Delay: FM

The CII-Kotak roundtable had representations from some of the biggest funds in the U.S., including Calpers, Calstrs, Townsend Group, Regents of the University of California, Hall Capital Partners, Stanford Management Company, J Paul Grey Trust, Dodge & Cox, Franklin Templeton, Geneva Advisors, Matthews, Route One, Standard Pacific, Think Investments, Chris Hansen.

Observing the collective value of the assets under management of the investors inside the room was upwards of $ 1 trillion, Dr Naushad Forbes, president-designate CII, said, "this meeting is one of the most important reaching out by the Government of India, in presenting the Indian story to investors, who have the potential of significantly meeting the capital requirements of India."

In his last meeting, Jaitley addressed a select gathering of Indian-American community at Palo Alto organised jointly by CII and TiE.

Hailing the entrepreneurial and innovative diaspora in Silicon Valley, the heart of America's entrepreneurial dynamics, Jaitley laid great emphasis on the positive impact that this highly influential community can have on India's transformation.

Giving an insight into government's efforts towards ease of doing business, creating a reformist and developmental agenda with an aim to reach sustainable and inclusive growth, Jaitley invited and urged the Indian diaspora to engage and contribute towards India's rise as a global power.

Jaitley's three day trip to San Francisco was accompanied by a high-powered CII delegation led by Forbes.

Among other members of the delegation were Pramod Bhasin from Genpact, Y M Deosthalee (L & T), Rajan Navani (Jetline), Ravi Parthasarathy (Infrastructure Leasing & Financial Services ltd), Rishad Premji (Wipro), S Sriniwasan (Kotak Realty Fund) and Noel N Tata (Tata International).
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