Noting the "unprecedented" gains to the US and India through escalating economic engagements, Indian Prime Minister Narendra Modi has asked American companies to invest in startups, energy, health and digital technology.
PM Modi addressed the board members of United States India Strategic Partnership Forum (USISPF) comprising senior industry and business captains of the United States of America, who called on him in New Delhi on Tuesday.
They briefed the Prime Minister on the outcomes of India Leadership Summit held earlier in the day.
The business leaders appreciated the economic and regulatory reforms implemented by the Government in the past four years and expressed their desire to further deepen their engagements with India to make use of the mutually beneficial opportunities created by the rapidly growing Indian economy.
"The Prime Minister stated that both countries have benefitted in an unprecedented manner through economic engagement. He encouraged US companies to fully avail of the business opportunities in new areas as well, such as start-ups, energy, healthcare and digital technology," a statement from PM Office said.
The USISPF is committed to creating "the most powerful strategic partnership" between the US and India.
Promoting bilateral trade is an important part of its work, though its mission goes beyond, about business and government coming together in new ways to create meaningful opportunities that have the power to change the lives of citizens.
In a new era based on a strategic partnership between the US and India – the forum works closely together with business and government leaders to drive economic growth, job creation, innovation, inclusion, and entrepreneurship.