Washington, DC: As India and the US begin their strategic dialogue, India has insisted it will restore investor confidence and regain economic momentum even as a top White House official voiced US businesses’ “worrisome” mood.
“In an era of global inter-dependence, not everything is within the powers of national governments,” Indian External Affairs Minister S. M. Krishna said at the US-India Business Council (USIBC) meet on June 12 ahead of the annual dialogue that he co-chairs with US Secretary of State Hillary Clinton.
“But we are confident that we will restore investor confidence and regain economic momentum and growth,” Krishna told the business forum comprising over 350 top US and Indian companies.
“Over the past two decades of extraordinary change in the Indian economy, there have been periods when the growth seemed to lose its steam and the agenda of reform seemed to be slowing,” he said.
