Finance Minister Nirmala Sitharaman arrived in the U.S. city of Asheville in North Carolina for the G-20 finance ministerial meeting, which will focus on global growth against the backdrop of conflicts in West Asia and Europe.
Mr. Ms. Sitharaman and Mr. With 3M’s capabilities, there is considerable scope to deepen localisation, R&D and technology development in India, particularly by leveraging Indian talent and manufacturing capabilities through regional innovation to serve both the domestic market and wider global and Asia-Pacific supply chains, Ms. The Finance Minister acknowledged 3M’s consistent confidence in India and suggested further investment in R&D, advanced manufacturing and local supply-chain development.
The Minister arrived at Asheville, about 760 km from Washington, from Chicago, where she participated in a roundtable conference with prominent investors and engaged with leading CEOs, presidents and senior representatives of the private sector.
“Just as President Donald Trump is reviving American economic growth and making it the centrepiece of this Administration’s agenda, we are taking the same approach and prioritising growth as the host of this year’s G20 Finance Track,” Mr. Bessent said. Bessent, who reached Asheville along with Federal Reserve Chairman Kevin Warsh, said in a social media post that the U.S. looked forward to convening policymakers and private sector leaders from around the globe to emphasise that stronger growth is “not only possible, but necessary”. “The discussion focused on deepening 3M’s engagement with India, as the country moves beyond being a large consumer market to an increasingly important platform for advanced manufacturing, technology and innovation,” the Finance Ministry said. Brown also discussed issues related to data security and optimal engagement of the Indian talent pool in domestic enterprises, it said. Sitharaman said.
