US Investment In India

Observing that the Biden administration has worked to strengthen India-US relationship, the co-chair of Congressional India Caucus has said that the bilateral relationship between the two democracies is very strong. It (India-US relationship) is very strong on defense, on economics, on the cooperation on AI, on alternative energy, many areas of cooperation, Congressman Ro Khanna, co-chairman of Congressional India Caucus told PTI in an interview. In the last 10 years, India has progressed a lot, he said. Huge economic development, huge ambition, a lot of energy. Of course, there are challenges too. There are challenges of income inequality like we face here in the United States. Challenges to make sure that it's a vibrant, pluralistic society. But you get a sense that India has great ambition, Khanna said in response to a question. The Indian American lawmaker said that he has opposed the Citizenship Amendment Act (CAA), which was notified this week. I oppose that (CAA). I have alwa

Investments from American institutions in Indian real estate market declined 39 per cent last year to USD 1.35 billion amid global uncertainties, according to JLL India. During 2022, US-based institutional investors had pumped USD 2.2 billion in Indian real estate. American funds have generally been the biggest investors in Indian real estate market. According to the JLL India report released on Monday, the total institutional investments in Indian real estate rose 14 per cent to USD 5,878 million (USD 5.87 billion) in 2023 from USD 5,151 million in the previous year. The consultant said this reflected India's resilience in the face of global economic headwinds. JLL anticipates investor confidence in the Indian growth story to continue in 2024 as well. In 2023, the largest contributors were foreign institutional investors with 63 per cent share in the total investments. However, the share of inflow from Americas, the conventionally highest contributor in investments, witnessed a

This will take Amazon's total India investment across all businesses to $26 billion

E-commerce giant Amazon plans to invest USD 15 billion more in India, taking its total investment in the country to USD 26 billion, a top official of the company has said. After meeting Prime Minister Narendra Modi in the US, Amazon CEO Andy Jassy said the company has already invested USD 11 billion in India till date. "I had a very good and productive conversation with Prime Minister Modi. I think we share a number of goals. Amazon is one of the biggest investors in India. We have invested USD 11 billion till date and intend to invest another USD 15 billion, which will bring the total to USD 26 billion. So we are very much looking forward to future of partnering," Jassy said on Friday. The India's External Affairs Ministry in a tweet said the prime minister held a productive meeting with the president and CEO of Amazon. "Discussions focused on the area of e-commerce and the potential of further collaboration with @amazon in the logistics sector in India," it said. Modi welcomed .

The US Attorney's Office in Brooklyn, has sent inquiries in recent months to institutional investors with large holdings in the India conglomerate, one person familiar with the inquiries said

The United States is the third largest source of foreign investment for India, with over $60 billion invested between 2000 and 2023, according to official data

Modi held separate meetings with top American CEOs and business leaders on investment in India on Thursday

Inviting US investors to tap opportunities in the technology sector, the prime minister cited a report that said that for the first time ever, there were more rural internet users than urban.

Modi will be speaking a day after three of his ministers told participants about what the government has done to help businesses

The Chinese phone brands, are keen to establish their own NBFC which will help improve margins by allowing them to directly sell financial products to their consumers

These representatives were part of a delegation of the US India Strategic Partnership Forum, a newly set-up non-profit organisation focused on deepening business relations between the US and India