Industry has been pitching for further reductions to lower the cost of capital to stimulate growth.

Looking to attract more overseas investors, he said 'Digital India' and 'Make in India' initiatives are designed to give special boost to manufacturing and India has huge potential in these areas.

On concerns that the reforms pace has turned slow, Mr Jaitley said, "I don't share that perception because the government has been moving very consistently on its reforms agenda with a clear-cut direction."

"There are one or two decisions that the Opposition is trying to block, but we will either push those decisions on the strength of our Parliamentary numbers or we will follow an alternative route to achieve the same objective," he added.

"But then, if your own systems are strong and in order, then your ability to restore normalcy as far as optics of the economy is concerned is much better. Therefore, the sound policy is to concentrate on real economy rather than being just impacted by what external factors do to the market," the Finance Minister noted.

According to Mr Jaitley, international investors are showing great interest in railways-related areas.

On opportunities for India to attract FDI after China slowdown, the Finance Minister said, "I see an important opportunity for India and I see that opportunity because the relative slowdown in China does not impact India as such."

Later in the evening on Sunday, Mr Jaitley addressed the members of the Indian Chamber of Commerce, Hong Kong as well as the Indian community here.

He thanked them for showing renewed interest in India growth story and said the country should see growth better than 7.3 per cent seen in the last fiscal year. The minister also assured them of the continued focus on reforms.

The Finance Minister, along with a large business delegation from India, had meetings with institutional investors.

Mr Jaitley would address the APIC-India Capital Markets and Institutional Investors Summit here on Monday in his first visit to this global financial centre as India's Finance Minister.