i went to the link but to my disappointment it only mentioned india gov will spend 1t dollars over the next 5 years starting from 2012 but didn't specify where does the money come from. however, if you read that link it's actually asking US companies to invest in india which strengthen my point that india need FDI very much.
During his address Mr. Sharma pointed out that there is requirement for investment to bring about the Second Green Revolution in India and to develop the agro-processing and food processing sectors.
Apart from this, India will be spending around $ 1 trillion on the development of infrastructure in the next Five Year Plan beginning in 2012. There are many gaps in the infrastructure which present opportunities for investment, especially in energy, roads and power.
He also emphasized on the need to give strength to the ongoing technological collaboration between the two countries through institutional linkages and co-development of technologies. He also pointed out the opportunities available in India in the manufacturing sector, in pharmaceuticals, in research and development and in a number of other sectors.
The USIBC is the premier business advocacy organisation in the US committed to strengthening US-India commercial ties and deepening two-way trade between the two economies. It comprises 370 of the top US companies investing in India.