Viewpoint: India's Infrastructure Sector Needs More U.S. Firms
With the U.S. recently lodging a formal complaint with the World Trade Council against India on entry barriers to companies, an India-U.S. Infrastructure Fund that was set up in 2010 is still in a wait-and-see mode.
Meanwhile, in India's reformed business environment, the Chinese, South Koreans and Malaysians are investing. Recent reports indicate overseas investors have shelled out close to $2 billion in the past year, despite hard economic conditions. However, many U.S. firms are shying away from investing in India's infrastructure sector.