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A team of top official to observe $ 42 billion US investment in India.

Q: President Obama and prime minister Narendra Modi’s joint official communication after conference level talks last month had indicated at establishing in place a proper procedure for making investments happen in India.
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Replies (5)
1
There is no question that this is a defining and exciting time in the US–India relationship. President Obama's visit to India will be a historic. External affairs minister Sushma Swaraj gave full credit to US for helping secure India’s interests on food security at WTO on the prime minister's trans-continental visits during the last six months
Pranab Malakar


2
NOt only this The "make in India" campaign of prime minister Modi had also put forward simplification and pave of procedures for foreign investments across 21 sectors. Such unified network has been put in place even for Japanese investments with two joint secretaries in PMO as points' persons to decide formidable issues. During his visit to Japan, Shinzo Abe government and Japanese conglomerates have committed investments worth $ 35 billion dollars during next 5 years. Two Japanese officials have also been tied into the commerce and industry ministry to make sure smooth flow of investments.
Amreesh Murugan


3
You are absolutely right Pranab,
Apart from that this team will also make sure the transfer of high-end technologies in several projects that are expected to take off jointly with Indian partners especially in defence and security related hardware and software. The team will encourage such practices that promote investment in manufacturing with special emphasis on green, advanced and smart technologies by US Companies.
Amreesh Murugan


4
Really a good step by our PM Narendra Modi. It will push investments from American companies in manufacturing with force on green, advanced and smart technologies. Among other things, the committee would fast-track plan, identify bottlenecks and cooperate with US companies to make easy investments.
Saran


5
US President Barack Obama's next month visit, the government has establish a high-powered inter-ministerial team to appreciate investments worth $ 42 billion from American companies moved for the next 5 years. And the team will be headed by industry secretary Amitabh Kant.
Pranab Malakar


6

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