"Rewards for doing business in India are significant": Alexander Slater, MD USIBC
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Alexander Slater, the Managing Director of the US India Business Council, discussed the evolving business landscape in India post-pandemic in a podcast. India has emerged as the fastest-growing large economy in the world for two consecutive years. Slater highlighted the shift in global focus from China to India due to changes in China's economy and India's sustained rapid growth. He emphasized the significant rewards of doing business in India, including its large market size, projected economic growth, and immense human capital. Slater also mentioned the robust bilateral business relations between the United States and India, particularly in the areas of technology and defense cooperation. He emphasized the entrepreneurial spirit of Indian entrepreneurs and the potential of India's young population to drive economic progress. The article also mentions the "Initiative on Critical and Emerging Technologies" between India and the United States and the launch of the innovation bridge IndusX to strengthen defense ties.

#Business #India #Usibc #Economy #Technology #DefenseCooperation

https://m.economictimes.com/news/india/rewards-for-doing-business-in-india-are-significant-alexander-slater-md-usibc/articleshow/110664838.cms