India and US partnership important in post-pandemic world, says Modi at USIBC summit

Indian Prime Minister Narendra Modi highlighted the nation's determination to secure economic independence and hailed the India-US partnership during the keynote address at the India Ideas Summit organised by the US-India Business Council.

called upon corporations and governments to invest in India, outlining the feasibility and attractions that the nation had to offer in terms of manpower, ease of doing business and investment regulations.
Modi called upon corporations and governments to invest in India, outlining the feasibility and attractions that the nation had to offer in terms of manpower, ease of doing business and investment regulations. Photo courtesy: USIBC

In keeping with the summit's theme of 'Building a Better Future', PM Modi said it is time that US-India partnership plays an important role in helping the world bounce back faster after the COVID-19 pandemic.

"India and the US are two vibrant democracies with shared values. We are natural partners," Modi said.

Modi went on to say that the "world is in need for a better future" and reiterated his view that India was a perfect combination of openness, opportunities and options for the economic recovery. 

"India is contributing towards a prosperous and resilient world through the clarion call of an ‘Atmanirbhar Bharat’," he said.

He also called upon corporations and governments to invest in India, outlining the feasibility and attractions that the nation had to offer in terms of manpower, ease of doing business and investment regulations.

This year marked the 45th anniversary of the formation of the USIBC and the two-day summit featured a high-level presence from Indian and US government policymakers, state-level officials, and thought leaders from business and society.

Other key speakers included Indian Minister of External Affairs Dr S Jaishankar, US Secretary of State Mike Pompeo, Senator of Virginia and co-chair of Senate India Caucus Mark Warner and Former US Ambassador to the United Nations Nikki Haley.