India will do anything to boost investments from the US during the upcoming strategic dialogue

At the second Indo-US Strategic and Commercial Dialogue, India is going to flaunt its various policy measures taken to improve ease of doing business in a bid to attract investments from the US.

During the two-day event, India will put forth policies changes such as Goods and Services Tax (GST), etc to show what the country was doing to cut red tapism and other roadblocks.

India and the US will also mull on boosting American investments in India.

US secretary of state John Kerry and commerce secretary Penny Pritzker will attend the event where the two countries will sign the bilateral cyber security relationship act announced during Modi's US trip, sources told ET.

From India, Tata Group Chairman Cyrus Mistry will lead the dialogue to be held on August 30.

The strategic meet comes at a time when India is looking at massive funding in its infrastructure projects. Also, India and the US have set an ambitious target to increase bilateral trade to $500 billion per annum from the existing $100 billion.

The American investments has increased since 2014 and more US companies are looking at India than ever before as India got $4.19 billion in FDI from the US in the year ended March 2016, up from $1.82 billion (Rs 11,150 crore) in 2014-15 and $806 million (Rs 4,807 crore) in 2013-14. The cumulative FDI inflows from the US from April 2000 and March 2016 stood at $17.94 billion, or Rs 94,575 crore.