Search Result for : Us Ambassador To India

Anishaa Kumar After months of preparation, Hyderabad was abuzz with activity as it is opened its doors to welcome guests from around the world for the Global Entrepreneurship Summit 2107. While one of the main attractions for this year’s Summit was a visit by First Daughter and Advisor to the President of the United States, Ivanka Trump, the summit at its roots was a platform to promote the spirit of entrepreneurship and the importance of supporting start-ups to develop economies. This year, the event is focused on promoting women entrepreneurship with the theme “Women First, Prosperity for all.” Now in its 8th year, the summit has over the years, across countries and continents been an important platform for entrepreneurs to showcase their ...

The Dollar Business Bureau India’s travel and tourism industry is capable of growing at a faster pace and create job opportunities for about 46 million people by 2025, only if implementation of apt investments and policies are intact, said Richard Verma, US Ambassador. The tourism and travel industry contributed $120 billion, accounting to 6.3% of India’s GDP, and was supported by 37 million jobseekers in 2015, says the data available with the World Travel and Tourism Council. Timely and economical air connectivity can boost and explore the industry to its fullest potential, said Verma while addressing a conference themed ‘'Travel and Tourism as a means to achieve $500 billion trade between India and USA'. The conference was organized by Indo-American Chamber of Commerce. He ...

Sharath Chowdary The bilateral trade between the United States and India is going to triple in the next ten years, US Ambassador to India Richard R Verma told The Dollar Business Bureau. He said this after delivering a speech on ‘India after COP21’ held in Hyderabad on Friday. Recently, the Atlantic Council had announced an initiative to increase the Indo-US bilateral trade from the current $100 billion to $500 billion in the coming decade. When asked how the US intended to go about it, Verma said, “The bilateral trade target set by the council is little bit ambitious, but the trade will definitely triple over a period of one decade.” Praising PM Modi’s drive for renewable energy in the country, he said, “Narendra ...

 The Dollar Business Bureau India is a great and stable market for Italy. Italian Trade Commissioner Francesco Pensabene expects increased growth in the Indo -Italian trade and wants to promote Italian companies to invest more in India. Francesco Pensabene promoted the Italian market while announcing a two-year campaign, “Italy: The Extraordinary Commonplace” here in India. The event was to promote Europe’s country’s best food, fashion and design. He said, Italy is not only famous for pizza and sunshine but is also a well-known country in terms of investments. Italy is the second largest manufacturer in Europe after Germany”. Voicing his views on the Indian market Francesco Pensabene, stated “Italy believes the Indian market is stable and the Indian growth rate is impressive and as ...

Source: PTI Asserting that Indo-US economic ties are “not a zero-sum game”, a top American diplomat has said that 'Make in India' and 'SelectUSA' initiative to attract investment in the United States are “mutually compatible” as evidenced by the increase in bilateral trade. “We are strongly supportive of the 'Make in India' as we are of other drives like 'Digital India', 'Clean India', financial inclusion...and in 'Make in India' we see several sectors like in advance nuclear energy, among other areas ...and we will continue to support the drive. “But, it ('Make in India') in no way subtracts or minimises our efforts to attract Indian investment in the US. In fact they are actually very mutually compatible and reinforcing...That is why ...