Civil aviation minister Jayant Sinha said on Friday the government is coming up with ‘Reforms 3.0’ programme for ease of doing business. Speaking at the 25th annual general meeting of the American Chamber of Commerce in India (AMCHAM), Sinha added that the move is aimed to attract more foreign investments in the country. AMCHAM is a forum for American companies with existing and potential investment interest in India.
Speaking at the same event, Railway minister Suresh Prabhu said that partnerships with US companies like GE and Google has the potential to take Indian Railways to newer heights. Prabhu added that US and India should continue to work together in many areas. He said that it would be good not just for both the countries, but for the rest of the world as well.
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Both the ministers noted that more and more companies from the United States are eyeing India as a stable and positive destination for good returns on investment. Boeing India CEO Pratyush Kumar, who is also the chairman of AMCHAM, said that the company has sold high class military hardware to India, parts of which are manufactured in the country. He also said that “Make in India’ & America First a win-win situation for both and not a zero-sum game”.