Bengaluru: Finance minister Nirmala Sitharaman said amid all the global volatility, India looks to be stable. "Both during my Washington visit and the IMF and World Bank meetings, and having received visitors in Delhi, India seems to be an oasis of stability and calm, and the challenges are being carefully firewalled. Our economy is attractive for investors," she said.
Sitharaman said that even though companies are looking at a China-plus-one strategy, many countries do not offer that opportunity given that they are facing enormous uncertainty. She said foodgrain and fuel insecurities have become a big issue, and countries are readjusting to source them from other parts of the world, resulting in changes in global trade.
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