The Minister is accompanied by a CII CEOs delegation in his four-day visit to the US to woo foreign investors.
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.
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.
The government is committed to making India as the manufacturing hub of the world, he said.
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Joint collaborations in science and technology, innovation, research and development have further strengthened the bilateral partnership.
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.