Washington:
Promising to push economic reforms, Prime Minister Manmohan Singh has invited US investors to tap "enormous opportunities" in sectors like infrastructure, energy and agriculture, exuding confidence that India would return to 9 per cent growth within two years.
Reaching out to the American business community, he said, virtually all spheres of Indian economy are open for participation by foreign investors and "no investors will be more welcome than investors from this great country". Singh allayed fears about any rollback of economic reforms, asserting that his government rather plans to push ahead on key reforms in several areas including taxes, education, skill development and legal sector, though it might happen gradually through consensus.
"Wherever I meet businessmen to talk of our plans for the future, the question I am most often asked is whether economic reforms will continue. You should have no doubt on that score," he said last evening while addressing the US-India Business council.
Singh said the growth rate that has slowed down to 6.5 per cent, is expected to get back to around 9 per cent within two years. "American companies interested in global markets would be well advised to look at India," he said, seeking the US corporates world's collaboration "as we transform India from a low-income country into a vibrant market of over a billion people, with steadily growing purchase power."
Reaching out to the American business community, he said, virtually all spheres of Indian economy are open for participation by foreign investors and "no investors will be more welcome than investors from this great country". Singh allayed fears about any rollback of economic reforms, asserting that his government rather plans to push ahead on key reforms in several areas including taxes, education, skill development and legal sector, though it might happen gradually through consensus.
"Wherever I meet businessmen to talk of our plans for the future, the question I am most often asked is whether economic reforms will continue. You should have no doubt on that score," he said last evening while addressing the US-India Business council.
Singh said the growth rate that has slowed down to 6.5 per cent, is expected to get back to around 9 per cent within two years. "American companies interested in global markets would be well advised to look at India," he said, seeking the US corporates world's collaboration "as we transform India from a low-income country into a vibrant market of over a billion people, with steadily growing purchase power."
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