Luxembourg Financial Mission Focuses on Strengthening Bilateral Relations with India

From Monday 23 to Saturday 28 February 2026, Luxembourg's Minister of Finance, Gilles Roth, travelled to India for a financial mission with Luxembourg for Finance (LFF).

According to Luxembourg's Ministry of Finance, the mission aimed to strengthen ties between the Luxembourg and Indian financial centres at a time when India is one of the fastest-growing economies in the world. The Luxembourg delegation met with political stakeholders, as well as representatives of financial institutions and supervisory authorities.

In New Delhi, Minister Roth held what the ministry described as "constructive" discussions with India's Minister of Finance, Nirmala Sitharaman. The ministry added that the meeting reflected a shared desire to deepen financial relations between the two countries. Discussions focused on new avenues for bilateral cooperation and concrete synergies to be developed between the two financial ecosystems.

Minister Roth also met with the Chief Minister of Gujarat, Bhupendra Patel, to explore opportunities for collaboration between the State of Gujarat - including GIFT City - and Luxembourg's financial centre. GIFT City is an international financial hub designed to attract global financial players through an innovative regulatory framework and a competitive environment for international financial services.

During the Global Securities Markets Conclave 2.0, Minister Roth delivered a speech highlighting Luxembourg's role as an open financial centre. He reaffirmed Luxembourg's commitment to deepening partnerships with India and developing strong, lasting relationships between the two financial centres.

In Mumbai, Luxembourg's Minister of Finance continued discussions with key players in the Indian financial sector, including the Reserve Bank of India (RBI), the Bombay Stock Exchange (BSE) and the Securities and Exchange Board of India (SEBI). According to the ministry, these meetings aimed to intensify dialogue with institutions that play a central role in the development of India's financial markets. Discussions addressed both capital market development and India's economic outlook.

Luxembourg's Ministry of Finance stated that the mission demonstrated a shared goal between Luxembourg and India to promote open, innovative and resilient markets. It added that strengthening mutual understanding is key to encouraging cross-border investment and identifying new avenues for collaboration, particularly in the areas of digitalisation and sustainable finance.

Minister Roth stated: "This mission symbolises the strong potential between Luxembourg and India to deepen their cooperation in the financial sector. My discussions with representatives of financial institutions, regulators and public stakeholders have shown that Luxembourg can be a strategic partner and a gateway to European financial markets."