NEW DELHI, March 3 (AFP): India's finance minister told US business leaders Friday "we want your money" as he urged them to invest in a fast-growing economy that is gearing up for further reforms.
This is a very different India from what we were 20 years ago. In the next 20 years, we will be all the more different. All these are opportunities that beckon investment, India's Finance Minister P. Chidambaram said.
India, Asia's third-largest economy, was on a sustainable eight per cent annual growth track, Chidambaram told US business leaders accompanying US President George W. Bush on a three-day visit to India that began Wednesday.
He renewed the government's commitment to economic reforms and said he was confident he could win passage of measures to raise foreign investment caps in key sectors such as insurance, according to the Press Trust of India.