The US Ambassador to India said that relations between India and the US are not very good. The relationship between India and the United States is “growing” not just “used”, says US Ambassador to India Eric Garcetti.
Garcetti said relations between the two countries have never been better. The Indian-American community is the most successful immigrant community in America.
He was speaking on Monday at an event on the sidelines of the SelectUSA Investment Summit, the largest delegation from India.
He says “It (India-US) is not just a complementary relationship. It’s not just the US and India. It’s a lot. It’s India’s turn from the United States,” Garcetti said on the sidelines of the summit, where the largest delegation came from India.
The SelectUSA Investment Summit is the premier event in the United States to facilitate business investment by connecting thousands of investors, companies, economic development organizations (EDOs) and industry professionals.
Garcetti attended an event where JSW Steel India announced plans to invest $140 million in Bayton, Texas.
He says “Now Americans are more familiar with Indian brands and Indian companies … Together, we are investing in infrastructure, energy, climate solutions in third countries to drive tomorrow’s prosperity, we are very pleased to announce the investment of JSW Steel US $ 140 million in Baytown, Texas. JSW is one of the largest Indian investors in the US, investing more than $ 2 billion in the state, Texas and Ohio. They have a tremendous return on investment”. This GDIMG will create jobs for more than 800 American workers.
Garcetti said relations between India and the US are not good. We have never had a closer relationship with India. American Indians now make up 1.5% of our population. Pay six percent of US taxes. The most successful immigrant community in America.
“Despite the stories about American companies that want to invest in India, we still do it … … we see this two-way road, the Indo-Pacific bridge from India to the US, save steel plants. , see closed mines, electric vehicles from the future, services, investment in electrolytes for health,” said Garcetti.
Diane Farrell, the Commerce Department’s deputy assistant secretary of international trade, said India had the largest country delegation to the SelectUSA investment summit.
JSW Steel AS Board member Divyakumar Bhair said the investment will focus on manufacturing high-grade steel plates used for offshore wind, monopiles, transoms and towers.
“This will not only help realize the dream of clean energy for future generations in the United States, but will also catalyze the local economy in Texas.” JSW USA is a diversified division of the $24 billion JSW Group.
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