Chidambaram emphasised the need for US companies to set up local manufacturing bases in India, saying "it is in the mutual interest of both countries for India to become a large manufacturing economy"
Finance Minister P Chidambaram today invited American companies to establish manufacturing plants in India, as he defended Indian economic policies as growth oriented and WTO complaint, and emphatically raised New Delhi's concerns over the comprehensive immigration reforms.
Chidambaram, who is here on a four-day trip to attend the annual leadership summit of the US-India Business Council and meet his American counterpart Jack Lew, today met leaders of the US corporate sector, who of late have been critical of Indian policies on trade and business related matters.
Finance Minister P Chidambaram today invited American companies to establish manufacturing plants in India, as he defended Indian economic policies as growth oriented and WTO complaint, and emphatically raised New Delhi's concerns over the comprehensive immigration reforms.Chidambaram, who is here on a four-day trip to attend the annual leadership summit of the US-India Business Council and meet his American counterpart Jack Lew, today met leaders of the US corporate sector, who of late have been critical of Indian policies on trade and business related matters.
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