Yearly US FDI flow to rise to $1 bn

There is great potential for the US investment in sectors such as energy, infrastructure, frontier technologies and IT, the chamber said.

"In the coming years, India will witness increased inflow of FDI against the backdrop of solid pick up in the Indian manufacturing and infrastructure sectors," B Prabhakar, president of IACC, said.

To catalyse the FDI inflow into India in sectors such as infrastructure, civil aviation, real estate and manufacturing, IACC would hold a two-day Investment summit in New Delhi in September this year, the chamber said in a statement.