US companies eager to invest in India's aviation sector

Washington: Top US companies are eager to invest in India's booming aviation sector's various fields, from security to building new airports, with recent changes in regulatory environment "encouraging" them, American officials have said.
Though top Obama Administration officials urged the Indian Government to address its concerns with regard to some of the key policy issues, it also praised the recent measures taken by Delhi.
"Indian aviation is experiencing dramatic growth across the board, from the emergence of new carriers to a growing middle class ready to take travel by air. Recent changes to regulatory environment are another encouraging sign," US Transportation Secretary Anthony Fox said at the India-US Aviation Summit here yesterday.
"Those changes send a signal to private industry that the Indian government increasingly recognises the needs and interests of business," Fox said.
Read news in full 31/10/13 PTI/Business Standard