US and India share complementary aspirations: Hochberg

The US and India share complementary aspirations when it comes to their economic future, a prominent business leaders in the Obama administration has said.
"The US and India share complementary aspirations when it comes to our economic future," said US Export-Import Bank Chairman Fred P Hochberg, who is currently visiting India.
"When quality American goods and services are deployed to buyers in India, their nation benefits from increased capacity and a reliable foundation for long-term economic growth-and the US benefits by creating new jobs back home," he added.
Hochberg delivered his comments at a roundtable hosted by the US-India Business Council where he discussed energy growth, especially in the renewable energy sector and infrastructure expansion in India and what role the US companies can play in both.

He also addressed similar subjects at the Federation of Indian Chambers of Commerce and Industry later in the day, a media statement said.
Hochberg held a lunch with Indian businesswomen to learn more about the challenges and opportunities they have in starting and growing a business in the country.
He also highlighted how the bank's financing tools have enabled American businesses both large and small to export their products to India.