Incredible business talent exists in India, says Obama at Indo-US CEOs' meet
"We are moving in the right direction. There is still untaped potential that we have not realised. Lot more work needs to be done," said US President Barack Obama at Indo-US CEOs' meet.
Prime Minister Narendra Modi and US President Barack Obama attended the Indo-US CEOs in New Delhi on Monday. While speaking at the meet, both the leaders emphasised the need to boost bilateral trade.
Highlights:
7.40 pm: Growth cannot just be measured by GDP, it has to make peoples life better in more tangible and lasting ways: Obama
7.36 pm: We can work together to develop new technologies that will help India move forward: Obama
7.35 pm: We have to keep working to make it easier to do business together: Obama
7.31 pm: We have taken another big step forward in Defence cooperation,we have agreed to resume dialogue on bilateral investment treaty: Obama
7.31 pm: Our (US) growing trade is a win for India as more American made machinery can upgrade India's infrastructure: Obama
7.30 pm: We can grow and prosper together, and can establish global norms on how business can be done: Obama
7.28 pm: Fortunes of India and fortunes of USA are inextricably linked: Obama
I want to thank you Mr. Modi for your invitation to join you on Republic Day and wonderful hospitality:US Prez Obama pic.twitter.com/VXLMkRPc3e&; ANI (@ANI_news) January 26, 2015
7.25 pm: India-US will together make this World a better for all: Modi
7.22 pm: Prosperity is no guarantee for peace, but India sees World as one family, and we wish to share our values: Modi
7.21 pm: We have collaborated in space, we have partnered in setting up IITs and IIMs, we helped shape the digital age: Modi
7.20 pm: India will be an important anchor of stability for global economy: Modi
7.17 pm: Our ambition of a clean Ganga involves 500 million people, 100 of towns and thousands of villages: Modi
Today business sentiments in India are the strongest among Asian markets: PM Modi pic.twitter.com/3Eln9JqtY9&; ANI (@ANI_news) January 26, 2015
7.15 pm: In the world of economies, numbers are often an unforgiving mirror to performance, our economic growth has increased by a percentage point: Modi
7.12 pm: We have energy of our youth, enterprise of our businessmen and genius of farmers: Modi
7.12 pm: We are conscious of our challenges but also inspired by our many successes: Modi
7.10 pm: In past eight months we have worked tirelessly to fulfill mandate to not just increase economic growth but to improve quality of life of people: Modi
7.05 pm: We are two nations blessed because of rich inheritance, even more because of generation of Indians and Americans who have perceived and upheld them: Modi
6.58 pm: My top three priorities are skill, scope and speed: Modi
6.51 pm: Incredible business talent exists in India: Obama
6.50 pm: There is a natural convergence between the two countries: Obama
6.48 pm: Possibility of US bilateral investment treaty will serve both countries well: Obama
6.45 pm: We want to see more trade and investment, it will benefit people of India and US: Obama
6.40 pm: The good news is that our (Indo-US) trade in the last few years has increased by 60 per cent: Obama
6.39 pm: I am excited that not only is the US investing in India but a lot of Indians are investing in the US: Obama
Delhi: US President Barack Obama & PM Narendra Modi at India-US Business Summit #ObamaInIndia pic.twitter.com/6ne7KS46Go&; ANI (@ANI_news) January 26, 2015
PMO will monitor all big projects: Modi
6.37 pm: To boost purchasing power in India, need to improve economy and only way to improve is heavy investment in infra, agriculture: PM Modi.
6.36 pm: Ease of doing business initiative has been taken up by the government to make business easy: Modi
6.35 pm: Policy driven state with consistency will solve many problems: PM Narendra Modi
6.35 pm: Pro-people and good governance are the solution to problems: PM Modi
6.34 pm: Issues that you have flagged is good for me to know, helps to know how investors feel about how govt should work: Modi at Indo-US CEO meet
India-US CEOs submit recommendations to PM @narendramodi & Prez @BarackObama. pic.twitter.com/S1rV6bpe2p&; Syed Akbaruddin (@MEAIndia) January 26, 2015
India-US leaders now at CEO Forum. pic.twitter.com/8eUQAQYeEm&; Syed Akbaruddin (@MEAIndia) January 26, 2015
6.00 pm: We are looking at it very positively, the communication between two governments is clearing logjam, says Sidharth Birla
The level of mutual investment & trade will rise tremendously: Adi Godrej #ObamaInIndia pic.twitter.com/1eC5trjUii&; ANI (@ANI_news) January 26, 2015