WASHINGTON: The current Chinese crisis offers a renewed opportunity for development and economic growth to India which stands out as a viable investment destination, the CEO of a group that aims to boost Indo-US ties has said.
Ron Somers, a long time India watcher who drove business community’s relationship between the two countries for years, believes there is a renewed confidence arising of India and the current Chinese crisis offers an opportunity for development and economic growth.
“There is a renewed confidence arising across all of India – indeed, across the entire region – due to the commanding leadership being projected by Prime Minister Narendra Modi,” Somers, CEO and founder of India First Group, said.
Based in Washington DC, India First Group is a strategic advisory firm assisting US companies as they invest in India and assisting Indian companies as they invest in north America. Before establishing India First Group, Somers was president of the US-India Business Council (USIBC).
we need quick implementation of good reforms. India can not wait.
Congress will not allow
India will fall again because Indians are as yet unconvinced of the benefits of economic development. They perhaps feel more secure within their garb of poverty which they have wrapped around themselves for hundreds of years & feel insecure without it.
only possibilty for India to grow is to over come the gap between rich and poor.then only India can attain sustainable growth.India has half the population below poverty line, need to tap that potential.
• 19 hours ago
GST should implement first to get more investment. Government loosing faith….
• 19 hours ago
By the time we catch up most probably China will bounce back!
with present opposition India can never be the production house like China. US should know India if starts today, will need 50 years to come at par with Chinese production establishments. Next India has huge u training ed and absolutely unskilled technicians in labourers who simply need another sincere 20 years upgrading in vocational courses to be able to manage complex I dust rial production. What ever skilled workers we have now is only for IT, lawyers, doctors and the rest specially engineering and technical people have left the country. New talent will require many many years to pick up the secrets of trade with the need of thousands of vocational school. But today we neither have such schools nor qualified teachers
Only thing that makes sense in your comment is that Congress (opposition) is a road block in the Indian development story. Everything else is pretty much nonsense. Indian education system is way better than Chinese education system. Apparently you had your education elsewhere or you were a pathetic student. India just sent another satellite in orbit using a cryogenic engine which was indigenously developed. So take a hike and stop hating.