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Indian Finance Minister Nirmala Sitharaman has openly invited Canadian investors to invest in India. He stressed that India is emerging as the fastest growing major economy in the world today, which is bringing great opportunities for global investors.

Addressing members of the Indian business community in Toronto, Canada, the Finance Minister said India offers a very unique combination of sustained growth, young demography (young population), growing consumption and rapidly strengthening capital markets.

India is going through a period of great change Nirmala Sitharaman said that India is currently going through a major structural change. This change is becoming possible on the basis of rapid urbanization, ever-increasing middle class population and world-class digital infrastructure. He said that this change is opening doors to new opportunities in different areas of the country.

Digital infrastructure and UPI boom Praising India's digital sector, the Union Minister said that the country's digital infrastructure has extended the reach of financial and commercial services to every corner. Making special mention of UPI, he said that UPI has today become the world's largest real-time payment system and has emerged as a very important means of financial inclusion and innovation.

Emphasis on India-Canada relations and economic partnership Referring to India-Canada economic ties, Sitharaman said the Canadian Indian diaspora acts as a strategic bridge between the two countries. In recent times, there has been a lot of positive and big change in the bilateral relations between the two countries.

He said that this partnership is now becoming stronger on the strength of shared democratic values ​​and continuously increasing economic participation. In the coming days, this partnership is moving from strength to strength towards rapidly increasing capital flows and deeper institutional engagement.