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Factbox: Modi's US visit may encourage more American firms to invest in India

June 22, 2023
Source: reuters.com reuters.com
News Snapshot:
[1/3] Indian Prime Minister Narendra Modi waves to supporters as he arrives at a hotel in New York City, New York, U.S., June 20, 2023. REUTERS/Mike Segar June 21 (Reuters) - Indian Prime Minister Narendra Modi's visit to the United States may encourage more American companies to consider investing in the South Asian country as they look to reduce their reliance on China for manufacturing-related activities. The United States is the third largest source of foreign investment for India, with over $60 billion invested between 2000 and 2023, according to official data. Following are some recent investment announcements, mostly by...
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