"Conversation really resides in social security administration. All we do is we hear it from our clients both here in India and globally and we just deal with it, we let the relevant agency take care of this matter. It is not the purview of Select USA," says Vinai Thummalapally of SelectUSA.
Preparations for Modi's US visit are in full swing, says Vinai Thummalapally, Executive Director, SelectUSA in the US department of commerce. He is India to initiate the ground work on the opportunities in India.
"Conversation really resides in social security administration. All we do is we hear it from our clients both here in India and globally and we just deal with it, we let the relevant agency take care of this matter. It is not the purview of Select USA," he says in an interview with CNBC-TV18's Malvika Jain.
As far as attracting investment into the United States is concerned, they are looking at all sectors; manufacturing, services, technology, a number of sectors. Interestingly, in the last few years, India moved from being ranked 11th largest in foreign direct investment into the US to fourth in 2013. This is a stunning improvement and increase and he expects this to continue, he says adding that India remains at the very top in terms of focus markets for opportunities to attract investment in the US. There are so many areas, businesses that could grow their enterprise by opening shop for the first time, Greenfield investment or to expand their existing opportunities.
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