With India aspiring for growth and looking to build smart cities, roads, bridges, infrastructure, power plants, etc., the country presents a great opportunity for American businesses. Obama’s visit was essentially a giant sales pitch to firm up business opportunities for American companies.
Likewise, there is plenty of opportunity for Indian businesses in the US market as reaffirmed by the “who’s who” of Indian industry queuing up for darshan of the US President.
Strategically, from an American perspective, a vibrant and growing India can act as a counterweight to China in the region and come in handy with regard to Pakistan and Afghanistan as the instability in these countries persists.
To read the rest of this post, please visit the Economic Times website where it was first published.