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US cos may invest in infra sector

Press Trust of India  |  Mumbai 

The business delegation travelling with the US President Barack Obama is expected to show a keen interest in investing in India's infrastructure, banking and insurance sectors, says a top government official.

"We expect American companies should be looking at investment in India's growing infrastructure sector," Finance Secretary Ashok Chawla said at a function here.

American investors are also expected to show a keen interest in banking and insurance sectors, Chawla said.

Obama will be on a India visit from November 6-9, during which he would go to Mumbai and New Delhi. A number of key American CEOs would also be travelling to India with the US President.

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First Published: Sun, October 31 2010. 00:59 IST