360° Coverage : Enormous potential seen for India-US trade growth

2 Updates

Enormous potential seen for India-US trade growth

Dec 7 2013, 12:54am CST | by IANS

Washington, Dec 7 (IANS) Despite some recent concerns on both sides, representatives of US business and industry are agreed that there is enormous potential for growth in India-US trade and notably job creation in both countries.

Washington, Dec 7 — Despite some recent concerns on both sides, representatives of US business and industry are agreed that there is enormous potential for growth in India-US trade and notably job...

Filed under: news

YouTube Videos

 
 
 

46 weeks ago

Enormous potential seen for India-US trade growth

Dec 7 2013, 12:54am CST | by IANS

Washington, Dec 7 (IANS) Despite some recent concerns on both sides, representatives of US business and industry are agreed that there is enormous potential for growth in India-US trade and notably job creation in both countries.

Washington, Dec 7 — Despite some recent concerns on both sides, representatives of US business and industry are agreed that there is enormous potential for growth in India-US trade and notably job creation in both countries.

This appeared to be the consensus emerging from a roundtable hosted by Ami Bera, the lone Indian-American member of the US House of Representatives, here Thursday for members of the US-India Business Council (USIBC) and the Confederation of Indian Industry (CII).

More than 40 representatives from several industries including technology, manufacturing, agriculture, retail, hospitality attended the round table, according to a statement issued by Bera's office.

"As the world's oldest and largest democracies, the US and India are natural allies," said Bera, who is also a member of the House Foreign Affairs Committee, sharing the insights gained from his recent trip to India.

"Our countries must work together to continue to grow our economic partnership and trade relationship."

"Relations between India and the United States have never been stronger," said India's chargé d'affaires Taranjit Singh Sandhu. "Deepening of India-US economic partnership anchors India's strong relationship with the United

States."

"All agreed that the potential for growth - and notably job creation - in both countries is enormous and that the US and Indian governments remain committed to strengthened two-way trade," said USIBC Executive Vice President Diane Farrell.

"The US-India partnership has undergone a fundamental transformation over the past two decades," said Sandhya Satwadi, Director and Head, CII-North America.

"While there are some immediate challenges on both sides, often times the cacophony surrounding short term concerns drowns out the reality of the strength of the partnership," she said.

There are emerging opportunities in sectors like health, clean energy, defense, infrastructure, and agriculture that require renewed focus and engagement from both sides, Satwadi said.

(Arun Kumar can be contacted at arun.kumar@ians.in)

IANS

Source: IANS

 
Update
2

7 weeks ago

Ami Bera introduces bill to block Delta tunnel funding

Sep 10 2014 8:10am CDT | Source: Sacramento Business Journal

Democratic Rep. Ami Bera of Elk Grove has introduced legislation to block federal funding in fiscal 2015 for the Delta tunnels project. According to Bera, state officials have asked the federal government for $4 billion to help finance the $25 billion project. The Bay Delta Conservation Plan “will cost taxpayers billions, and hurt countless farmers and small businesses in our region. We must stop this misguided plan and continue to fight for real bipartisan solutions,” Bera said ...
Source: Sacramento Business Journal   Full article at: Sacramento Business Journal
 

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

Finnish scientists identify new type of black hole
Helsinki, Oct 31 (IANS) Finnish researchers have discovered a new type of low-mass black hole, which is a bright celestial body that emits X-ray, the University of Turku has said.
 
 
Union Carbide ex-chief Warren Anderson is dead
Washington, Oct 31 (IANS) Warren Anderson, former chief executive officer of the Union Carbide Corporation, is dead, a media report said Friday. He was 92.
 
 
Himalayan Viagra fuels gold rush for local Tibetans
Washington, Oct 31 (IANS) Overwhelmed by people trying to find the prized medicinal fungus known as Himalayan Viagra, two isolated Tibetan communities have managed to implement a successful system for the sustainable harvest of the precious natural resource, suggests research.
 
 
Oceans were always there on Earth: Scientists
Washington, Oct 31 (IANS) Debunking previous theories that water came late to Earth well after the planet had formed, researchers have significantly moved back the clock for the first evidence of water on Earth and in the inner solar system.
 
 
 

Latest from the Network

Finnish scientists identify new type of black hole
Helsinki, Oct 31 (IANS) Finnish researchers have discovered a new type of low-mass black hole, which is a bright celestial body that emits X-ray, the University of Turku has said. Researchers at the Finnish university...
Read more on Business Balla
 
Union Carbide ex-chief Warren Anderson is dead
Washington, Oct 31 (IANS) Warren Anderson, former chief executive officer of the Union Carbide Corporation, is dead, a media report said Friday. He was 92. His death revived memories of the 1984 Bhopal gas tragedy. He...
Read more on Business Balla
 
Himalayan Viagra fuels gold rush for local Tibetans
Washington, Oct 31 (IANS) Overwhelmed by people trying to find the prized medicinal fungus known as Himalayan Viagra, two isolated Tibetan communities have managed to implement a successful system for the sustainable...
Read more on Business Balla
 
Oceans were always there on Earth: Scientists
Washington, Oct 31 (IANS) Debunking previous theories that water came late to Earth well after the planet had formed, researchers have significantly moved back the clock for the first evidence of water on Earth and in...
Read more on Business Balla
 
Wearable health devices key for safe space tourism
New York, Oct 31 (IANS) At a time when several firms are developing spacecrafts to take ordinary citizens on short trips into space, scientists have outlined the risks and challenges involved in human commercial...
Read more on Business Balla
 
Early Walmart Cyber Monday 2014 Sale and Holiday 2014 Sale announced
Walmart has revealed their first Holiday 2014 sales details. Starting Saturday Walmart will offer over 20,000 rollback deals. New this year are early Walmart Cyber Monday 2014 sales starting midnight on walmart.com.On...
Read more on Black Friday Countdown
 
Nestle to introduce robots as sales clerks
Tokyo, Oct 31 (IANS/EFE) Nestle will use robots as sales clerks at its outlets selling coffee makers in Japan, an initiative that will later spread worldwide, a Nestle spokesperson confirmed to EFE news agency....
Read more on Celebrity Balla
 
Healthy diet for infants prevents obesity later
New York, Oct 31 (IANS) If you do not want your baby to grow up into an overweight adult, make sure you feed him or her healthy diet from the very first year, a study suggests. Babies who eat diets high in sugar, fat...
Read more on Business Balla
 
Popular mosquito catcher in Japan uses human odour as bait
Tokyo, Oct 31 (IANS) A novel mosquito trap that lures its prey using human scent and other smells favoured by the critter is creating a buzz as Japan frets about the spread of dengue fever. The boxlike device is the...
Read more on Business Balla
 
Antarctic ozone hole stands steady: Scientists
Washington, Oct 31 (IANS) The Antarctic ozone hole has reached its annual peak size and holds steady, say scientists, trying to determine if the ozone hole trend over the last decade is a result of temperature...
Read more on Business Balla