India open for investment, US ready to move in: USIBC chief
18 March 2015
WASHINGTON: India is open for investment and the US companies are eager to move in, head of a bilateral trade organisation has said while praising Prime Minister Narendra Modi for embarking on a journey to change the business environment in the country. "India is ready and open for investment and the US is eager to move in," said Mukesh Aghi, president of US India Business Council (USIBC), the apex trade and business advocacy group for American businesses having a foothold in India. Aghi, who took the reins of USIBC this month, said the American companies were particularly looking at the $1.5 trillion investment opportunities in the infrastructure sector.