The Indian economy is on an ever-increasing growth curve. The US Economy is showing signs of recovery. India-US relationship has evolved into a truly comprehensive partnership of mutual trust and confidence, intensifying political dialogue that is increasingly global in reach, and deepening strategic understanding. India and the US have multi faceted relations in the field of politics, economics and commerce. India-US economic relations in the form of bilateral investments and trade constitute important elements in India-US bilateral relations particularly because India is now the second fastest growing economy in the world and USA is the world's largest economy.

The cumulative FDI inflows since 2000 and up to July 2009 amounted to USD 100.33 billion, with the inflows in the first four months of the current financial year amounting to USD 10.49 billion, according to DIPP and two-way trade has increased from USD 14,353.90 (2000) to USD 43,386.50 (2008).

Improving global sentiment and a growing conducive environment in India are increasingly facilitating foreign investors' role in the country currently. Several other factors being attributed to the revival in foreign direct investments (FDI) in the country include liberal investment policies and reforms, innovative and technologically advanced products being manufactured in India and low cost and effective solutions.

India has been ranked at the third place in global foreign direct investments this year, following the economic meltdown, and will continue to remain among the top five attractive destinations for international investors during the next two years, according to United Nations Conference on Trade and Development (UNCTAD) in a new report on world investment prospects titled, 'World Investment Prospects Survey 2009-2011'.

The world's oldest democracy (US) and the world's largest democracy (India) are natural partners, sharing important interests and fundamental democratic values. The Indo-US relationship has entered qualitatively a new phase over the years. Both the countries are engaged in discussing various activities like – trade, education, energy, environment, science & technology, aviation, infrastructure, agriculture and defense. A strong partnership between the two countries can help both economies achieve a high and sustainable growth.

The Indo-American Chamber of Commerce (IACC) is hosting its flagship event 6th Indo-US Economic Summit: Synergizing Partnerships for Growth on 16 - 17 February 2010 in New Delhi.

Hon'ble Minister for Human Resources Development, Shri Kapil Sibal will deliver the Address on Day II, 17th February 2010.