UK’s deep liquid capital markets can help India’s infrastructure needs: Rishi Sunak

LONDON: UK Chancellor Rishi Sunak has hailed a series of “ambitious” new UK-India initiatives across investment, trade, infrastructure, sustainable finance and research as he highlighted the role to be played by the UK’s capital markets in India’s infrastructure development.

The Indian-origin finance minister, addressing the UK-India Investing for Growth Forum on the sidelines of the UK-India 10th Economic and Financial Dialogue (EFD) on Wednesday, said that while a new Partnership on Infrastructure Policy and Financing will help catalyse private finance flows into India’s ambitious National Infrastructure Pipeline (NIP), a new Sustainable Finance Forum would help green up the financial partnership between the two countries.