Corporate Lawyer On Indo-US Relationship

Abhinav By Abhinav, 1st Aug 2014 | Follow this author | RSS Feed | Short URL
Posted in Wikinut>Business>Law

As opined by Mr. Kislay Pandey that if India want to unleash the economic opportunities, it need to work rigorously in reforming its international trade policies.

Corporate Lawyer

Once known for magicians and musicians, the new India is known for young entrepreneurs, managers, scientists and IT wizards has potential to compel the whole world for political and economic tie-ups. A country with world's second largest population base is basically a young country where business is in the DNA of large chunk of people and they are receptive enough to adapt changes in the market. In the coming October the prime minister of India Mr. Narendra Modi will meet Mr. Obama on his visit to US. Intellectual and diplomats on both sides are anticipating some historical decisions which will strengthen the relationship between the two countries in an unprecedented manner. The recent visit of US Secretary of State John Kerry is considered as a prologue in this realm.

India is world's third largest economy in terms of purchasing power parity and its service sector specifically has great potential to meet various needs of world's largest economy. Whether it is IT, Banking, Health or agriculture both India and US contribute mutually as per the alliances, a strong relationship will further open new vistas for India in the US market. Besides, the Narendra Modi's government is also keen to procure investments in the key areas such as defence and energy. In addition the John Kerry's visit will also help in narrowing the differences on various issues.

India and the United States launched ministerial-level strategic dialogue in July 2009, focusing on five areas of mutual interest which are energy and climate change, education and development, economy, trade and agriculture, science and technology, health and innovation. The first Strategic Dialogue was held in Washington DC in June 2010. "The new Indian government's plan, 'Sabka Saath, Sabka Vikas', together with all, development for all – that's a concept, a vision that we want to support. We believe it's a great vision, and our private sector is eager to be a catalyst in India's economic revitalisation," Kerry said in his address to a Washington audience at an event held by the Center for American Progress, a top US think tank. He further added, "American companies lead in exactly the key sectors where India wants to grow like high-end manufacturing, infrastructure, healthcare and information technology. India also wants to build a more competitive workforce, and already 100,000 Indians study each year in American universities." Corporate Lawyer In Delhi

"All in all it is an undeniable fact that India is a major country which is playing a significant role in the future of world economy and the current Indian government is ready to deliver its best to the world economy. Many American companies are will to explore the Indian market but the only thing that is resisting them is lengthy legal procedures and the Modi government must immediately take measures to curb redtapism."- Kislay Pandey - Corporate Lawyer, the Supreme Court of India.


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author avatar Abhinav
Abhinav Kumar is a Public Relations and Digital Marketing professional who also love to write about the industry and current affairs.

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