The US wants Punjab and Haryana-based firms especially in life science, textile and auto parts sectors to invest there to further strengthen trade and economic ties between the two nations.
“There is a strong life science component in Punjab area here. So this is the one sector which we see a lot of growth opportunities and another is auto parts,” Embassy of USA, Commercial Officer, Paul Frost said while addressing media here on Tuesday.
However, he said the US was also looking at other sectors including textile, IT services, pharma from India to make investments in America. The US Department of Commerce’s Select USA Programme is going to hold its first ever India road show starting October 13 which will be held in Delhi, Mumbai, Chennai and Kolkata. Officials of US Embassy will also hold meetings with local politicians of Punjab and Haryana and representatives of local industry associations as part of its programme to attract investments from India. Frost said a delegation from the US will also visit India to provide info to investors here to help them understand where the investment opportunities lie.
