"I cannot blindly accept FDI simply because we need investment, unmindful of where it is coming from. We want business, we want investment, but we also need some safeguards, because India is located in a neighbourhood that is very, very sensitive," Sitharaman said.
The finance minister's comments came ahead of the bilateral meeting between Prime Minister Narendra Modi and Chinese Premier Xi Jinping on the sidelines of the Brics Summit in Kazan, the capital of the Republic of Tatarstan.
This story is from the October 24, 2024 edition of Business Standard.
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This story is from the October 24, 2024 edition of Business Standard.
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