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This year India's investment in US surpassed $ 2 billion. The main reason being the booming Indian economy which has boosted the confidence of Indian companies. So unlike the past, now they are willing to take risks. Many Indian companies have acquired several foreign entities pushing the Indian share in US economy upto $ 2 billion in 2006-07. Out of total hundred, forty eight deals have been made in the IT-ITeS sector by Indian firms. The other acquisitions have been in various sectors like pharmaceuticals, hospitality industry, agro products and automotive industry.
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