Reps from 45 US firms met Modi at GES, vowed to continue investing in India

 

New Delhi, Dec 4: Representatives of around 45 American companies met Prime Minister Narendra Modi at this year’s Global Entrepreneurship Summit (GES) in Hyderabad and expressed their commitment to continue investing in India, a top Indian American business leader has said.
These representatives were part of a delegation of the US India Strategic Partnership Forum (USISPF), a newly set-up non-profit organisation focused on deepening business relations between the US and India and enhancing the strategic relationship between the two countries.
“I can’t talk about the specifics (of the meeting with Modi) because it was off the record. But basically the companies did meet with the Prime Minister and they showed their commitment to continued investment into India,” USISPF President Mukesh Aghi said in an interview.
The US looks at building its relationship with India on two broad principles. “One principle is that economic prosperity of India is good for America. And the second principle is a militarily strong India is good for regional stability,” Aghi said.
If India became economically more prosperous and there was more disposable income, people would tend to buy more US goods, or send more of their kids for education to the US, he said.
“If you look at this year, the enrollment of Indian students in the US went up by 12 per cent. So we have 186,000 Indian students in the US,” he stated.