PRESIDENT-ELECT JOE BIDEN MEANS A LOT FOR INDIA
TWO-WAY TRADE, INVESTMENT LOOK BRIGHTER THAN EVER BEFORE
2020-11-16 10:07
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India-friendly Joe Biden’s ascendency to the top job in the United States means a lot for India, especially in the area of trade and economic relations as the country is looking for large foreign investments from diplomatic allies to grow its domestic industry and boost employment. Contrary to the official data on sources of FDI inflows into India from April 2000 to December 2019, putting the USA as the fifth largest investor after Mauritius, Singapore, Japan and the Netherlands, nine out of the top 10 foreign companies in India today are from the US.