Business delegation from the United States has pledged to invest $ 250 million in India over the next 6 to 12 months, a move expected to provide a fillip to Indo-US trade relations.
The 12-member trade mission, which visited Delhi and Mumbai last week, consisted of large US investors in sectors like logistics infrastructure, roads, power and energy, engineering, smart cities, manufacturing, and private equity.
"Members of the trade mission have pledged cumulative investments of $250 million in the coming 6 to 12 months, besides $ 500 million depending on projects availability in the next 1 year," Director of India affairs at the US India Political Action Committee (USINPAC) Robinder Sachdev said.