For Quick Alerts
Subscribe Now  
For Quick Alerts
For Daily Alerts

Great opportunity for India, US to work together: Chidambaram

By Super
Great opportunity for India, US to work together: FM
Washington: Making a passionate plea to the US and Indian businesses to work together for a prosperous society, Finance Minister P Chidambaram asked businesses of both the countries not to bring their business on the political table. Delivering the key note address at the 38th annual Leadership Summit of the US India Business Council (USIBC), Chidambaram said here yesterday that India, facing the challenge of elevating its large population from poverty, is building its economy brick by brick.

The Finance Minister said as a result of India's economic reforms, a number of Indian companies have grown in size and stature and at times tend to compete with the US companies. This has resulted in competition between Indian and US businesses, he said. Noting that business competition is the foundation of a free market and free economy, Chidambaram said business rivalries should not be brought to the political table. "I therefore appeal to you there is great opportunity to wok together for the two countries," he said in his speech.

"We are a country where we are building our economy brick by brick, and in that process we seek your help," Chidambaram said in front of an audience that included executives, officials and lawmakers of both India and the US. "We have a very young population which is hungry and aspirational. We have a talent pool which is largely untapped," he said, adding, that there is need for the two countries to work together.

"We can do much better, if we work together. I sincerely hope that our meeting today and tomorrow and in the future would give us more and more opportunities to build prosperous society," Chidambaram said. Chidambaram is in Washington for the past three days, during which he has met top American executives, lawmakers and officials.


Read more about: chidambaram usibc
Company Search
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more