Nirmala Sitharaman invites global investors to Chicago roundtable to highlight GIFT City

Why in news

Finance Minister Nirmala Sitharaman invited global investors to a Chicago roundtable to promote GIFT City as a hub for manufacturing and innovation.

Background

The roundtable was organized by the Consulate General in Chicago and the U.S.-India Strategic Partnership Forum on August 28, 2026. As of June 2026, GIFT City had 1,250 registered entities.

Facts for Prelims

• PostNirmala Sitharaman: Union Minister of Finance
• FactGIFT City: 1,250 registered entities as of June 2026
• PlaceChicago: Host city for the business roundtable
• BodyU.S.-India Strategic Partnership Forum: Co-organizer of the investment roundtable

For Mains

Q. Discuss the role of Special Economic Zones like GIFT City in attracting Foreign Direct Investment (FDI) and enhancing India's position in global manufacturing supply chains.

Dimensions to cover in your answer

• Regulatory arbitrage: Leveraging unique tax incentives and ease of doing business to attract global capital
• Infrastructure synergy: Integrating physical infrastructure with digital innovation centers to foster high-tech manufacturing

Keywords: FDI · Special Economic Zone · Manufacturing Hub · Investment Promotion · Strategic Partnership

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