<span style="color: #222222;">United States industries have hailed the slew of announcements made by Finance Minister Nirmala Sitharaman, saying this will strengthen India's position as global investment destination.<br />''<br />'' US India Business Council President Nisha Desai Biswal said, the comprehensive set of proposed reforms will provide needed stimulus for the economy. <br />'' The government had yesterday announced several measures, including rollback of enhanced super-rich tax on foreign and domestic equity investors, exemption of startups from angel tax, a package to address distress in the auto sector and upfront infusion of 70 thousand crore rupees to Public Sector Banks. She also said, the government has buoyed efforts to support innovation and make India a hub for entrepreneurship and startup capital with the move to eliminate the angel tax on startups.</span><br />'' <br />