<p>India's continuous wide-ranging reforms make the country an attractive destination for foreign investments, Finance Minister Nirmala Sitharaman said on Friday while addressing executives of top US companies.</p>.<p>She also mentioned about stimulus packages announced recently; as well as strong, calibrated relief and reforms during Covid leading to sharp decline in new infections with ramping up of the vaccination programme.</p>.<p>Addressing a round-table organised by the US India Business Council (USBIC) — attended by representatives from prominent foreign firms like General Electric, Baxter Healthcare USA, Brambles, Marsh & McLennan, PepsiCo, amongst others, the Finance Minister said India and the US have set an ambitious target of achieving $500 billion in two-way trade.</p>.<p>Continued macro-economic stability and resilience in economic recovery in the recent months, focus on infrastructure-led economic growth, and multi-sectoral opportunities for investors are some of key highlights shared by the Finance Minister.</p>.<p>India has vibrant and pulsating financial markets, enormous investments opportunity in infrastructure sector and R&D, she added.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/economy-business/centre-taking-up-reforms-despite-covid-19-pandemic-fm-nirmala-sitharaman-1004158.html" target="_blank">Centre taking up reforms despite Covid-19 pandemic: FM Nirmala Sitharaman</a></strong></p>.<p>She also mentioned this year's budget initiative pertaining to International Financial Services Centre (IFSC) at GIFT City, where the government is committed towards developing it into a globally competitive hub for innovation and financial activities to serve the Indian economy and the region as a whole.</p>.<p>She appreciated the efforts of CEOs of top-40 American companies for creating a global task force to mobilise resources for India during the second Covid-19 wave.</p>.<p>Speaking at the round-table, Economic Affairs Secretary Ajay Seth highlighted India's progress in areas of policy and taxation. </p>.<p>He emphasised upon the e-way bill system which promotes faster and more seamless movement of goods both intra and inter-state. He also spoke about this year's responsive and responsible budget focusing towards resolving investment and tax assessment issues, asset monetisation and privatisation of most of the sectors.</p>.<p>The US-India Business Council was formed in 1975 as a business advocacy organisation to enlighten and encourage the private sectors of both India and United States to enhance investment flows.</p>.<p>The Council helps in making business between the United States and India easier, more efficient, and more profitable.</p>
<p>India's continuous wide-ranging reforms make the country an attractive destination for foreign investments, Finance Minister Nirmala Sitharaman said on Friday while addressing executives of top US companies.</p>.<p>She also mentioned about stimulus packages announced recently; as well as strong, calibrated relief and reforms during Covid leading to sharp decline in new infections with ramping up of the vaccination programme.</p>.<p>Addressing a round-table organised by the US India Business Council (USBIC) — attended by representatives from prominent foreign firms like General Electric, Baxter Healthcare USA, Brambles, Marsh & McLennan, PepsiCo, amongst others, the Finance Minister said India and the US have set an ambitious target of achieving $500 billion in two-way trade.</p>.<p>Continued macro-economic stability and resilience in economic recovery in the recent months, focus on infrastructure-led economic growth, and multi-sectoral opportunities for investors are some of key highlights shared by the Finance Minister.</p>.<p>India has vibrant and pulsating financial markets, enormous investments opportunity in infrastructure sector and R&D, she added.</p>.<p><strong>Also Read | <a href="https://www.deccanherald.com/business/economy-business/centre-taking-up-reforms-despite-covid-19-pandemic-fm-nirmala-sitharaman-1004158.html" target="_blank">Centre taking up reforms despite Covid-19 pandemic: FM Nirmala Sitharaman</a></strong></p>.<p>She also mentioned this year's budget initiative pertaining to International Financial Services Centre (IFSC) at GIFT City, where the government is committed towards developing it into a globally competitive hub for innovation and financial activities to serve the Indian economy and the region as a whole.</p>.<p>She appreciated the efforts of CEOs of top-40 American companies for creating a global task force to mobilise resources for India during the second Covid-19 wave.</p>.<p>Speaking at the round-table, Economic Affairs Secretary Ajay Seth highlighted India's progress in areas of policy and taxation. </p>.<p>He emphasised upon the e-way bill system which promotes faster and more seamless movement of goods both intra and inter-state. He also spoke about this year's responsive and responsible budget focusing towards resolving investment and tax assessment issues, asset monetisation and privatisation of most of the sectors.</p>.<p>The US-India Business Council was formed in 1975 as a business advocacy organisation to enlighten and encourage the private sectors of both India and United States to enhance investment flows.</p>.<p>The Council helps in making business between the United States and India easier, more efficient, and more profitable.</p>