More Measures Likely to Attract Foreign Investment, Says Sitharaman
New Delhi: Underscoring the need for greater overseas investment to support the country’s growth ambitions, the Finance Minister Nirmala Sitharaman on Monday signalled that the government is likely to introduce additional measures to attract foreign capital into India.
Speaking at the Hero Mindmine Summit 2026, Sitharaman said the recent decision to exempt withholding tax on interest income and capital gains tax for foreign investors in government securities (G-secs) was only the beginning of a broader effort to make Indian markets more attractive to global investors.
The finance minister Sitharaman noted that the tax relief measures are aimed at encouraging foreign portfolio investment and boosting participation in India’s debt market and representing that the government is actively exploring further reforms. She said “Certainly, that’s not the completion of story, there will be added. We recognise we need more foreign capital to come in.” Her remarks come amid efforts to strengthen investor confidence and position India as a preferred destination for global capital flows.
