Finally the day arrives when Obama‘s visits to India. American and Indian companies signed deal worth billion of dollars on the first day of US President Barack Obama’s visit to India, underlining the increasing role economic ties will play in relations between two countries.
“The US sees Asia, especially India, as the market of the future”, said Obama.who is travelling with what is probably the largest contingent of CEO’s and corporate heads ever to accompany a US president on a foreign trip. “We don’t simply welcome your rise, we ardently support it. We want to invest in it.”
Obama’s failure to mention Pakistan’s role in the 26/11 terror attacks at his speech earlier during a memorial service for the carnage’s victims already indicated that economics and not geopolitics would dominate his visit.
“I’m here because I believe that in our interconnected world, increased commerce between the United State and the India can be and will be a win-win proposition for both nation,”said the US President, who is under more pressure than ever to create jobs at home after his democratic Party faced a drubbing last week in mid-term election to the Congress.
The deals were signed just before his speech at a closed-room session between Obama and select CEOs from both countries. The event were a part of a summit organized by the US India Business Council, a Washington DC– based organization, at the Trident hotel.
We will always remember 26/11, not only the sorrow but also the courage and humanity displayed.
He (Mahatma Gandhi) is a hero not just to India but to the world.
The US sees Asia, especially India, as the market of the future. We don’t simply welcome your rise, we ardently support it. We want to invest in it.
Standing on the terrace of the Taj Mahal hotel, the epicenter of the 26/11 terror attacks, US President Barrack Obama–in his seven minute speech, made before a motley crowd including a slain taxi driver’s wife, a cleaner at the Trident hotel and Tata Group chairman Ratan Tata–said he “absolutely” wanted to send message by choosing Mumbai and the Taj as his first stop on his three-day visit to India.