Finance Minister Arun Jaitley, who is on a week-long visit to the US, said American investors have a very clear understanding of the reforms that India is undertaking to expand its economy. Mr Jaitley is leading a high-powered Indian delegation to attend the annual meeting of the International Monetary Fund and the World bank. He has already visited New York and Boston where he met with investors and company executives, and has also interacted with students of Columbia University and Harvard University
“American investors have a very clear understanding of the kind of reforms that India is undertaking for the expansion of the economy. They have also a clear idea of the future potential,” Jaitley said at an event organised by the Federation of Indian Chambers of Commerce and Industries or FICCI at the IMF headquarters here. “I have found in the last four days that I have been addressing investors, meeting investors and dealing with their queries. I see a certain positive mood about India,” Jaitley said yesterday when asked about the feedback he received from the Trump Administration officials and US investors.
After reaching Washington, Mr Jaitley met with US Treasury Secretary Steven Mnuchin and Commerce Secretary Wilbur Ross and discussed issues on bilateral trade.
“Appreciated discussing US-India bilateral economic issues” with Mr Jaitley, Mr Mnuchin later tweeted.