American companies can explore business opportunities in the Indian infrastructure sector, which is expected to see a $1 trillion investment during the 2012-17 period, a senior US government official said on Tuesday.
"Infrastructure is one area where India and US investors can work for mutual benefit," US Under Secretary for Economic, Energy and Agricultural Affairs Robert D Hormats said in the national capital.
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Hormats said the Indian government has estimated an investment of $1 trillion in the infrastructure segment during the 2012-17 period and "this is a great opportunity for US investors".
Out of the expected $1 trillion investment in the infrastructure space during the 12th Plan (2012-17), he said the private sector is projected to contribute up to 50 per cent.