Prime Minister Narendra Modi met Citi Chair and Chief Executive Officer Jane Fraser and discussed India's economic growth, investment landscape and opportunities for greater collaboration to support the country's development priorities.
During the meeting, held on Wednesday, PM Modi shared his vision of accelerating economic growth and maintaining strong momentum towards achieving the goal of Viksit Bharat 2047.
The discussions focused on strengthening investment and capital flows into India while expanding opportunities for Indian companies in global markets.
Both sides explored ways in which Citi could further support India's economic agenda by attracting international investors and helping Indian businesses expand overseas.
The meeting reflected the growing confidence of global financial institutions in India's economic reforms and development strategy.
The leaders also discussed emerging sectors that are expected to play a key role in the country's future growth.
These included alternative energy sources such as solar power and green hydrogen, which are central to India's clean energy transition and sustainability goals.
Artificial intelligence also featured prominently in the discussions.
PM Modi and Fraser exchanged views on the role of AI in driving economic growth, innovation and productivity, while also considering the importance of appropriate regulatory frameworks to maximise the technology's benefits.
Fraser, accompanied by Citi India CEO K Balasubramanian, reaffirmed the firm's commitment to India's growth.
The meeting coincided with the Citi India Conference in Mumbai, which brought together over 1,500 clients and investors.
Citi also highlighted its nearly 125-year presence in India and long-standing partnership with the country.