US corporate sector sees renewed sense of optimism in Modi’s govt
04/06/2014 15:40
In the eyes of US corporate sector, the Narendra Modi-led government's functioning in its first week has offered a renewed sense of optimism even as no major policy decision or economic reforms have been announced, reported PTI. The acting president of the US India Business Council (USIBC), Diane Farrell said, “There is a renewed sense of optimism in the air and we share that sentiment.” "USIBC member companies are in this partnership for the long-haul and we look forward to engaging with Prime Minister Modi and the newly appointed Cabinet to deepen investment and increase bilateral trade to $500 billion by 2020", he added. Whether India can change enough to be a power house is a big question in the eyes of the Conference Board, a non-profit business membership and research group organization.
04/06/2014 15:40
In the eyes of US corporate sector, the Narendra Modi-led government's functioning in its first week has offered a renewed sense of optimism even as no major policy decision or economic reforms have been announced, reported PTI. The acting president of the US India Business Council (USIBC), Diane Farrell said, “There is a renewed sense of optimism in the air and we share that sentiment.” "USIBC member companies are in this partnership for the long-haul and we look forward to engaging with Prime Minister Modi and the newly appointed Cabinet to deepen investment and increase bilateral trade to $500 billion by 2020", he added. Whether India can change enough to be a power house is a big question in the eyes of the Conference Board, a non-profit business membership and research group organization.
