Foreign investors buoyed by Indian investment
The Dollar Business Bureau Investors from all over the world are buoyed by the vibrant investment environment in India, the US India Business Council (USIBC) communicated to the US President Barack Obama in a letter. The country has demonstrated its enhanced willingness to address industry concerns and also balance its domestic interests, it said. Ahead of Prime Minister Narendra Modi’s visit to US next month, the USIBC is looking towards continuing discussions and developments made by India and the US in various matters including innovation, technology, movement of professionals and non-tariff barriers in its future strategic deliberations. The US and India relations are now at its best due to the persistent efforts of Barack Obama and Narendra Modi, USIBC President Mukesh Aghi said. ...
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 ...
