Innovation, Infrastructure and India
Some reports from Tom Donohue's visit to India:
The US Chamber of Commerce Tuesday pitched for greater US-India partnership in technology innovation, infrastructure development and production of cleaner energy. 'Let's collaborate on innovation. Let's partner on infrastructure. Let's jointly develop clean, plentiful and diverse supplies of energy and bring efficiencies and productivity,' Thomas J. Donohue said, addressing the US-India Business Council (USIBC) meeting here. (IANS)
[US Chamber of Commerce President and CEO Thomas] Donohue said, “There has never been a better time or opportunity to lift US-India trade and investment relations to a whole new level.” He urged the governments of both he countries to “catch up to the private sector and put in place the right policy environment so that our companies can create a surge of new joint ventures, increase investment flows in both directions, expand our trade, create millions of new jobs, and yes, generate new tax revenues that can help address deficits in both Washington and New Delhi.” (expressbuzz.com)
[Donohue said India's innovative] IT industry and US`s strength in the retailing, logistics, education sectors can complement each other. He called for bringing the most talented people from both the sides to invent and apply technologies that can address the food, water, health, environmental and security needs of the people. (myiris)
Donohue told SME Times, "There has to be interdependence between small, medium and large sized enterprises whether they are connected to any segment of the economy such as technology, healthcare, agriculture, transportation, etc," He added that India-US has to look for having potential relationships between the countries and find out ways and means where large, small and medium sized companies come together and collaborate in business decisions. (SME Times)
Thomas J Donohue today argued that the United States government must desist from pursuing some ''wrongheaded ideas'' like protectionism and imposing further restrictions on immigration adding that the cobwebs need to be cleared relating to the Indo-US civil nuclear deal so that commercial business can start. (newKerala.com)
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