<p>Pitching India as a long-term investment destination, Commerce and Industry Minister Anand Sharma today said the US should respect free movement of skilled professionals to enhance the strategic partnership between the two countries.<br /><br /></p>.<p>The Minister is accompanied by a CII CEOs delegation in his four-day visit to the US to woo foreign investors.<br /><br />He said India and the US are partnering across sectors, including aerospace, nuclear, defence, agriculture, information technology, communications, science and technology, and will grow stronger with a two-way process.<br /><br />Speaking at a dialogue hosted by the CII and the US India Business Council (USIBC) here, Sharma made a strong pitch to US businesses to look at India as a long-term business and investment opportunity.<br /><br />He outlined the various policies undertaken by the Indian government to invigorate manufacturing and to create the right conditions for inviting investments into the country.<br />The government is committed to making India as the manufacturing hub of the world, he said.<br /><br />The Minister emphasised that the US and India share a larger strategic relationship with deep and growing engagements in various sectors.<br /><br />Joint collaborations in science and technology, innovation, research and development have further strengthened the bilateral partnership.<br /><br />He mentioned the strong two-way investment flows, with US FDI in India pegged at USD 32 billion and Indian investments into the US projected to stand at USD 13 billion.<br /><br />Sharma also recalled the steps such as creation of National Investment and Manufacturing Zones (NIMZ) across India and single window approval mechanism for investments undertaken by India.</p>
<p>Pitching India as a long-term investment destination, Commerce and Industry Minister Anand Sharma today said the US should respect free movement of skilled professionals to enhance the strategic partnership between the two countries.<br /><br /></p>.<p>The Minister is accompanied by a CII CEOs delegation in his four-day visit to the US to woo foreign investors.<br /><br />He said India and the US are partnering across sectors, including aerospace, nuclear, defence, agriculture, information technology, communications, science and technology, and will grow stronger with a two-way process.<br /><br />Speaking at a dialogue hosted by the CII and the US India Business Council (USIBC) here, Sharma made a strong pitch to US businesses to look at India as a long-term business and investment opportunity.<br /><br />He outlined the various policies undertaken by the Indian government to invigorate manufacturing and to create the right conditions for inviting investments into the country.<br />The government is committed to making India as the manufacturing hub of the world, he said.<br /><br />The Minister emphasised that the US and India share a larger strategic relationship with deep and growing engagements in various sectors.<br /><br />Joint collaborations in science and technology, innovation, research and development have further strengthened the bilateral partnership.<br /><br />He mentioned the strong two-way investment flows, with US FDI in India pegged at USD 32 billion and Indian investments into the US projected to stand at USD 13 billion.<br /><br />Sharma also recalled the steps such as creation of National Investment and Manufacturing Zones (NIMZ) across India and single window approval mechanism for investments undertaken by India.</p>