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Our Bureau

New Delhi, June 6

Minister of State for Industries, Dr Ashwani Kumar, on Tuesday released the India Factor Report prepared by Societe Generale Bank in New York. The Minister also met leading bankers and private equity fund managers.

Dr Kumar highlighted a couple of success stories in sectors like real estate and manufacturing during the meeting. "There are vast opportunities available to foreign investors. Nearly 98 per cent of the Indian economy is open to foreign direct investment through the automatic route. We encourage US companies to invest in major growth sectors such as infrastructure, both physical and social infrastructure, which hold significant promise," he said at the meeting.

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