India invites US investments under Make In India scheme

India today invited American investments under the Make In India scheme, as the government strives to make the country a manufacturing hub.

Speaking at the US-India CEO Forum, which was attended by US Secretary of Commerce Penny Pritzker and several top Indian industrialists, Commerce Minister Nirmala Sitharaman invited the American investment to the country.

The meeting was as part of the second strategic and commercial dialogue, which happened between India and the US today.

"@nsitharaman invites US investors to @makeinindia at the US-India CEO Forum," Commerce Ministry said in a tweet.

Top Indian industrialists and bankers including Cyrus Mistry, Sunil Bharti Mittal, Deepak Parekh, Kumar Mangalam Birla, Chanda Kochhar, Anand Mahindra, and Hari S Bhartia, were present at the meeting.

During the meeting, India and the US held detailed discussions on infrastructure funding and renewable energy, and ways to promote innovation and entrepreneurship, said sources.