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Strengthening Indo-US Relationship in Amrit Kaal and Aatmanirbhar Bharat
India Strategic
|January-February 2024
NEW DELHI. The capital and technological knowhow from the United States of America can help India to achieve its goal of becoming a developed country by 2047, while investments here can give the American companies high returns and an avenue of de-risking.
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Defence Minister Rajnath Singh said this at a conference on ‘Strengthening Indo-US Relationship in Amrit Kaal - Aatmanirbhar Bharat’ organised by Indo-American Chamber of Commerce (IACC) in New Delhi on January 30, 2024.
Defence Minister asserted that the Government has laid the groundwork for a strong and self-reliant ‘New India’, and the American investments can play a vital role in realising Prime Minister Narendra Modi’s vision of ‘Viksit Bharat’. Terming it as a win-win situation for both the countries, he stated that India’s fast-growing economy, its demographic dividend, skilled workforce, and huge domestic market guarantee high returns to US companies. He added that to deal with the challenges faced by the rulesbased international order& maintain strategic autonomy, it will be necessary for American businesses to de-risk by investing in India.
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