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US corporate sector welcomes Indian budget, says it will attract FDIs

US corporate sector welcomes Indian budget, says it will attract FDIs

American corporate sector has hailed the maiden Budget of Finance Minister Nirmala Sitharaman, noting that it is not only inclusive but also attractive for foreign investments. President of US India Strategic and Partnership Forum (USISPF) Mukesh Aghi said the budget opens up the Indian market and encourages US companies to invest more, at the same time it ensures prosperity and growth for the lower sections. He said the budget is trying to make positive structural changes.

US India Business Council president Nisha Desai Biswal said budget delivers a forward-looking and reform-minded approach for the Modi government’s second term. She said, Goals like transforming India into a global space and aviation hub also demonstrate the longer-term thinking of the new government.

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