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India on way to becoming major global power: Fmr US ambassador to India

Press Trust of India  |  Houston 

As is on its way to becoming a major global power, and the US must focus on trade and investment by negotiating agreements that will create jobs in the two countries, David Mulford, former to said at the recently concluded Conference.

The second edition of the two-day conference was themed "Make in India-The Story" and it drew to a close on March 9.

Addressing the conference, said that has to be the US' first geopolitical priority in the world. He also said that must focus on building relations with on its own and not clubbed with another country. also welcomed the measures against

"India's time has come" was the general consensus at the conference that focused on investment opportunities in India, India-trade, the 'Make in India' initiative. The conference brought together thought leaders in industry, trade, diplomacy, economics and journalism from and US.

In his opening remarks, of in Dr said that the conference was a platform for people involved with writing the story to help the next generation write the new chapters.

Jagdip Ahluwalia, a of the (IACCGH), reflected in how far the US-trade equation has progressed in recent time and how it has been helping with jobs creation in and


"The conference fit very well in the 18 plus year agenda of the chamber in helping facilitate bilateral trade with India", Ahluwalia told and appreciated Ray for being the brainchild of such events that help in bringing US trade closer to

Conference Chair, Jiten Agarwal, emphasized on the recent shipments of petroleum and LNG from Texas, and beginning of strong US-skills collaboration to develop skills ecosystem in following the visit of to the US.

Speakers included Vikram Singh Mehta, Chairman, Brookings India, David Mulford, Former US to India, Nisha Biswal, President, Business Council (USIBC), Aparna Subramani, Executive Director, World Bank, and Sandeep Sen, CEO,

Subramani and Sen made presentations on "Investing in India", and said that "big bang reforms" were powering the surge in FDI to

Mehta spoke of the unifying national narrative in of a growing middle class and economic aspirations that provided an investment opportunity for US businesses. He also responded to a question about corruption by saying that "ethical" businesses had grown and are flourishing in

USIBC Biswal said that the future of India-US relations was in "Going Global and Going local" increasing convergence at international and sub-national levels.

Zachary Dell, of the family, and Sapphira Goradia, of the Goradia Foundation, spoke of their work in the social entrepreneurship and impact, investing space in said that a sanitation revolution was underway in India, which could be powered by cutting edge engineering and production techniques for the manufacture of hi-tech, low cost toilets.

The event was sponsored by the of India, Houston, Expedien, McDermott International, a based company investing in

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, March 11 2018. 08:10 IST
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