Showing posts with label economic ties. Show all posts
Showing posts with label economic ties. Show all posts

Gujarat focuses on strong economic ties with US 08/09/2014

Gujarat focuses on strong economic ties with US
08/09/2014 11:47
According to the media report, a high level business delegation from Gujarat has called American companies to invest and explore business opportunities in India. "The new (Indian) government is not afraid of making hard decisions and with Prime Minister (Narendra) Modi's firm belief in minimum government and maximum governance, India is bound to rise, opening up tremendous opportunities for everyone," said Bharat Lal, Gujarat's resident commissioner. Lal called the Americans companies to participate on a large scale in the biennial Seventh Vibrant Gujarat Summit, to be held on January 11-13 next year in Gandhinagar. Addressing an event organized by the Confederation of Indian Industry and US India Business Council (USIBC) in Chicago, Lal said, "The Indian government is putting the house in order, and focus is now on implementation and overcoming developmental challenges." "Gujarat has set a precedent and developed a model of inclusive growth that is being studied and emulated around the world," Lal said. He said the state has emerged as a hub for manufacturing, knowledge sharing, auto components, pharmaceuticals, financial services, power and now aims to be the defense manufacturing hub of India.