CII releases one-stop guide for investments in US

Aiming to facilitate more Indian investment in the US, the CII has released a one-stop guide book, which also serves as a ready reference guide to all those looking to expand their business in America.

"Created at the request of our membership, the purpose of this report is to provide a 'first, one-stop guide' to companies as they evaluate the strengths of various US states and territories and decide where to put their investment dollars to work," said CII Director General Chandrajit Banerjee.

The report entitled, 'Business and Investment Climate in the United States: Local Economy, State Incentives and Growth Prospects', is an update to a report jointly released by Confederation of Indian Industry (CII) and SelectUSA in 2011.

It serves as a ready reference guide to not just Indian companies but to all those looking to expand their business in the US or enter the US as an investment destination, a media release said.

Providing a state-by-state view of the US, the report highlights the 'Top 10 reasons to Invest' as offered by all 50 US states and the US territories to businesses.

In addition, this report outlines the core and upcoming sectors of strength and growth in each state/territory, as well as some of the major tax and financial incentives being offered to attract and retain businesses.