In a bid to restore investors' confidence after Mumbai terror attacks, the US-India Business Council has presented an optimistic assessment of the security situation in India, saying it is committed to doing trade with the country.

Government Security Officers from the American Embassy in India on Saturday shared with USIBC member-companies a cautious but upbeat assessment of the security situation in Mumbai, as life in India's financial capital returns to normal.

Representatives of the Taj Group of Hotels and Oberoi Group of Hotels, who also joined in the USIBC members-only tele-conference, indicated that sophisticated security measures had been put in place since the November 26 attacks on Mumbai, reassuring future visitors and hotel guests.

The Taj and Oberoi properties will reopen for business on December 21, it was reported, the USIBC, a premier business advocacy group, said in a statement.

"It is a testament to the resilience and courage of the people of Mumbai how quickly India's financial capital has returned to normal. It is equally remarkable how India has demonstrated such restraint in so far as its relations with Pakistan in the wake of the  Mumbai attacks. For USIBC, this must mean a re-doubled commitment to doing business with India," Ron Somers, President of the USIBC, said.

"The correct response to this heinous act is for the US business community to get right back on jet planes as soon as possible to renew our engagement and partnership with India," he said.

"Today's USIBC Security Assessment Teleconference provided a unique forum for policymakers and officials from India and the US government to identify the progress made since 26/11 in restoring normalcy to Mumbai, while reassuring the international business community," the USIBC said.

The organisation which has been in the forefront of pushing bilateral economic ties since 1975 has further reported that officials of the Indian Embassy specified that steps were being taken to harden security across India, and expressed gratitude for the demonstration of solidarity shown by USIBC, which had launched the largest-ever Information and Communications Technology (ICT) Executive Mission to India on December 8, despite the Mumbai attacks.

"The Government of India and US Government reported that airport security across India has been significantly tightened. Indian officials stressed the safety of the country for investors and  tourists and have begun a systemic review of all law enforcement agencies in an  effort to revamp the national security apparatus," the USIBC has said.

The US Embassy advised that groups and business missions were not being discouraged from coming to India and that the US government, for its part, was continuing to encourage commercial activity and travel between the two free-market economies," the USIBC added.