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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 ...

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