India's Growth Story Creates Opportunities For US Businesses, Says White House
Asheville (US), Aug 31: The White House on Monday described India as a “dynamic, strong and resilient economy” after official data showed the country’s gross domestic product (GDP) grew by 7.8 per cent . White House Senior Deputy Press Secretary Kush Desai said the latest economic figures reinforced the Trump administration’s view of India as a rapidly growing global economic power. “India’s a…
Asheville, North Carolina - The White House on Monday hailed India as a "dynamic, strong and resilient economy" following official data that revealed the country's gross domestic product (GDP) grew by 7.8 percent. Senior Deputy Press Secretary Kush Desai told IANS in an interview at the G20 finance ministers' meeting, "India's a very dynamic and very strong and resilient economy."
Desai emphasized that India's large market and rapid economic expansion present significant opportunities for American businesses and investors seeking new markets. He highlighted the American administration's efforts to encourage American companies to invest in India and seek increased Indian investments in the United States. Desai noted that President Donald Trump values the India-US partnership deeply, given his personal friendship with Prime Minister Narendra Modi.
The White House aims to strengthen economic and strategic cooperation with India, with both countries sharing a broad economic partnership in areas such as trade, investment, energy, manufacturing, and emerging technologies.
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