Top US CEOs commit to invest in India
The Dollar Business Bureau The Indian Prime Minister who visited the US and met the American President Donald Trump on June 26, also had a closed-door meeting with 20 top US CEOs the very same day. Many CEOs, according to Mukesh Aghi, President of US India Business Council (USIBC) who spoke to the Indian media, reiterated their ‘commitment to investing in India a very large amount.’ ‘Almost half a dozen of them made a very large dollar commitment,’ Aghi said, refusing to divulge the details of the amount and the names. The meeting which lasted for 90 minutes, ended on a positive, win-win note he said. The PM had responded favourably to all the questions that the CEOs raised, which revolved around defence, ...
US can double its FDI in India under liberalized investment regime
The Dollar Business Bureau Investments and Intellectual Property Protection, are the two key areas essential to India for international competitiveness in the world that is dominated by a complex global value chain. Catherine A Novelli, United States Under Secretary for Economic Growth, Energy and the Environment, made these remarks in her address at a conference on ‘Deepening the US-India Commercial Partnership’, organized by Centre for Strategic and International Studies (CSIS). “We believe the US could double its Foreign Direct Investment in India if the later continues to liberalize its investment regime,” she said at the CSIS conference. Stating that more US companies could bring their expertise, technology and capital to India, the US Under Secretary urged India to ensure ...
