“Is Money Coming Only For AI?”: Nirmala Sitharaman Pushes Back On India Outflow Claims #NDTV

Speaking at the NDTV Profit Conclave, she said India is building AI talent at speed and continues to draw serious interest from major global investors despite recent shifts in flows.

Sitharaman said concerns about India’s AI positioning reflect the view of some fund managers, not all. “It is probably their own assessment, and they perhaps deal with their funds with these factors before them,” she said. She added that others see India differently. “There are equally big fund managers and people like JP Morgan whose global head comes to India and who would say probably not what they have said. They would say India is the place to be.”

On the claim that India lacks a meaningful AI play, she said the premise itself is flawed. “I am not convinced about that because AI for every country has its own little calibration over and above the AI which is globally required.” She said India’s strength lies in people.

#NDTVProfitConclave2026 #NDTVProfitConclave #NirmalaSitharaman #RajivMemani #YashishDahiya #RahulBharti #PiyushGoyal #SanjeevSanyal #VNageswaran

About NDTV (English news channel):

NDTV is India’s Most-Trusted News Broadcaster with the latest updates in news, sports, entertainment and much more from within India and around the world. Watch big political debates, exclusive entertainment interviews, news bulletins, current affairs, talk shows and tech reviews with our 24×7 news live streams, packed with credible information across all platforms: TV, Internet and Mobile.

For Latest Videos, click here: https://www.youtube.com/playlist?list=PLYSfYVdrOZvh5iPadUPTAg3sxFD_DZpT_

To watch NDTV 24×7’s premium shows listed together for your easy access, click here: https://www.youtube.com/@NDTV/playlists?view=50&sort=dd&shelf_id=5

For Ground Reports and Analysis from NDTV’s reporters and anchors of day’s top news stories, click here: https://www.youtube.com/playlist?list=PLYSfYVdrOZvgHr6OHiZYKbr_21MOmvk04

For News in Shorts, click here: https://www.youtube.com/playlist?list=PLYSfYVdrOZvjJ8fhLPk_Fz4tFARkpG-Y-

Subscribe to our channel to get latest news updates.

Follow us on Social Media:
Like us on Facebook: https://www.facebook.com/ndtv/
Follow us on Twitter: https://twitter.com/ndtv/
Follow us on Instagram: https://www.instagram.com/ndtv/
Follow us on WhatsApp: https://whatsapp.com/channel/0029Va4lixw7z4kcvZI9JM12
Join NDTV on Telegram Messenger: https://t.me/NDTVbot/?start=hi

Follow us on Google News for Breaking and Latest News Updates:
NDTV: https://bit.ly/3e5ngbP
NDTV India (Hindi News): https://bit.ly/3mNVwMY

Download NDTV Mobile Apps: http://www.ndtv.com/page/apps