Investors confidence on India remains shaky: US envoy
Sai Nikesh | The Dollar Business “India continues to be perceived as a tough place to do business and the investor confidence towards India still remains shaky,” says Richard Verma, the United States Ambassador to India, while noting that India ranks 142 in the World Bank ranking measuring the ease of doing business. While addressing the students at Indian School of Business, Hyderabad, on Monday, the US envoy also said that the economic relationship between India and the US is not just about large companies coming here to build factories, it is about shared prosperity on all levels. Referring to the US President Obama’s call for a five-fold increase of India-US bilateral trade to $500 billion in the next ...
