India limits FDI in too many sectors: Barack Obama
Still sounding positive about Indian economy, “which continues to grow at an impressive rate,” he said that to some extent, India’s slower growth is a reflection of the larger slow down in the global economy.
The US President made these observations in an interview here.
Obama was careful not to be directly critical of the negative investment climate in India but cited the concerns of the American business community to make his points.
Many in the American business community, “one of the great champions….”