PM Modi's US visit: Time for two nations to keep differences aside & focus on economics, defence

September 28, 2014 7:21 AM

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PM Modi's US visit: Time for two nations to keep differences aside & focus on economics, defence

Modi's ultimate success will lie in winning back the confidence in India as a great market opportunity. Unlike China or Japan, where the state plays a domineering role in steering outward FDI, in America, Modi is relying on heart-to-heart conversations with businesses which can channel their surpluses to India if they see value for money and a reformist governance environment.

Indian think tank Gateway House envisages a quantum leap to $1 trillion worth of US-India economic partnership by 2030, provided both sides grasp unexplored opportunities such as "affordable products and services" for India's middle and poorer classes through American innovation. Modi's slogan that ...

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