US firms look for stable policy to make India hub: USISPF's Mukesh Aghi

While the forum is advocating India not just as a preferred market but also as an export hub, many member firms have raised concerns about sudden policy changes impacting inbound global investments.

American companies looking at destinations other than China due to global geopolitical pressures are now increasingly favouring Vietnam, Cambodia and Thailand, CEO of industry body United States-India Strategic Partnership Forum (USISPF) Mukesh Aghi has said. 

While the forum is advocating India not just as a preferred market but also as an export hub, many of its member firms have raised concerns about sudden policy changes impacting inbound global investments. 

Companies fear returns on long-term investments getting hurt, Aghi said citing the recent move by some Customs authorities to detain import consignments from China. 

On the issue of Chinese goods being detained at Indian