Close Menu
    Tags
    ai apple BJP cg news Champions Trophy 2025 Chhattisgarh Chhattisgarh News china Congress cricket donald trump elon musk featured google Hindi News Hindustan India ind vs eng iphone IPL IPL 2024 IPL 2025 Israel Israel Hamas War Jammu and Kashmir latest news Lok Sabha elections 2024 Madhya Pradesh Madhya Pradesh news market Narendra Modi News in Hindi Pahalgam Terror Attack Pakistan pm modi Rahul Gandhi Raipur Rohit Sharma samsung T20 World Cup 2024 Team India the chhattisgarh United States Virat Kohli whatsapp
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram YouTube
    The Chhattisgarh
    Member Login
    • World
    • India
    • Chhattisgarh
    • Madhya Pradesh
    • Sports
    • Technology
    The Chhattisgarh
    Home»India»FM Sitharaman Urges UK Insurer Prudential To Invest In India |
    India

    FM Sitharaman Urges UK Insurer Prudential To Invest In India |

    The ChhattisgarhBy The ChhattisgarhApril 8, 20252 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    New Delhi: Minister for Finance and Corporate Affairs Nirmala Sitharaman met UK insurance giant Prudential PLC’s chair Shriti Vadera in London on Tuesday and discussed investments in India, the Finance Ministry said. 

    The Finance Minister apprised Vadera of the opportunities in India’s maiden International Financial Services Centre at Gujarat’s GIFT City and encouraged Prudential to explore deeper engagement with the ecosystem there, including in areas such a global reinsurance services as well as considering GIFT City services for global fund management for investing in India, the Ministry said.

    The Union Finance Minister mentioned the growth in the insurance sector in India owing to the reforms in FDI policy, and emphasised on the need to focus on reinsurance and third party insurance in addition to health insurance and other products.

    Vadera informed the Finance Minister about Prudential ‘s upcoming venture in the health insurance space in India and spoke about engaging more with GIFTCity for exploring investment and fund management opportunities in India.

    Finance Minister Sitharaman also underlined the potential areas for collaboration between the UK and India, especially in the domain of business and investments, and also including private equity and venture capital investments, asset management and financial services and insurance.

    Besides, the interaction included discussions around the recent budget announcements, including those related to supporting the expansion of India’s Global Capability Centres (GCCs), the statement added.

    GCCs played a key role in driving India’s office market, accounting for 44 per cent of total demand, with 12.4 mn square feet transacted. Bengaluru dominated, contributing nearly 8 mn square feet, or 65 per cent of all GCC transactions in Q1 2025.

    GCCs also leased 22.5 million square feet in 2024, accounting for 31 per cent of total leasing volumes, according to the latest office market assessment by real estate consultancy Knight Frank India.

    Among cities, Bengaluru recorded the highest total GCC leasing at 9.33 mn square feet, 66 per cent of which (6.18 mn square feet) came from large deals – marking a 191 per cent surge in absorption. Hyderabad followed, with GCC transactions totalling 5.06 mn square feet, of which 67 per cent (3.41 mn square feet) were in the large office space category. Chennai with 89, and NCR with 53 deals also saw good uptake by GCCs in 2024.

    Finance Ministry FM Sitharaman Global Fund Management Nirmala Sitharaman
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Copy Link

    Related Posts

    Operation Shield: Civil Defence Mock Drills In Border Areas Of India, From Blackouts To Siren Being Sounded – WATCH |

    May 31, 2025

    Weather Update: IMD Issues Alert For Heavy Rainfall In Several States |

    May 31, 2025

    Bihar Politics: RJD’s Tejashwi Yadav Hits Out At PM Modi Post-State Visit, Raises 11 Queries On Development |

    May 30, 2025

    What is Operation Shield? Civil Defence Mock Drill In Border States Scheduled For May 31

    May 30, 2025

    In Bihar, PM Modi`s Praise For Op Sindoor, `Jungle Raj` Jibe At RJD

    May 30, 2025

    Air Force Chiefs Wake-Up Call Amid Delay In Tejas Delivery

    May 30, 2025
    -Advertisement-
    Advertisement
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    © 2025 The Chhattisgarh. All Rights Reserved.
    • Contact Us
    • About Us
    • Terms & Conditions
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.