CII to focus on doubling Indian investment into US

"Today the Indian investments into the US stand at around $4 billion and the scope from India is enormous and CII's annual visit would strive to explore how this could be doubled in the next few years," Kamath said in a statement.     

The delegation would meet key officials of the US administration, Senators and Congressmen in the next three days, the CII release said.     
The delegation would also attend a conference on Indian Financial Markets-III at New York, which aims to discuss issues on development of Indian financial markets, real estate, regulatory, banking and long term investments funds with eminent business leaders from both the countries.     

The trade between the two countries has increased about 190 per cent from $14.4 billion in 2002 to $41.6 billion in 2007, it said.     
There is an increased investment flow on both sides. The Indian investments in the US have witnessed huge growth in last three years contributing to economic growth and creating employment opportunities in the US, it added.