Obama said that Americans were proud of some of their high-tech industries and products that they would like to sell to a growing Indian market.
More from the visit | In Pictures:
Commerce Minister Anand Sharma says India and the US should seriously consider going in for a comprehensive economic co-operation agreement on lines of ASEAN.
In Mumbai, his first stop, Obama would address a meeting of top Indian and American business executives, besides having a separate meeting with American CEOs.
The collbaration that will increase food security for Indians will take place during President Barack Obama's visit to India.
India's ambassador to the US Meera Shankar says Obama's visit will open new opportunities for American companies to invest in the country.
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