Business groups eye India for global diversification: WH official

Many business groups look at India as part of a strategy to diversify globally and as a land for new supply chains and investment opportunities, a top White House official has said.

Kurt Campbell, Deputy Assistant to the President and Coordinator for the Indo-Pacific, said the relationship between India and the US has developed over the years and there is a degree of trust and confidence now that was not present a decade ago.

“Both the United States and India are imperfect democracies. We both have challenges. I think we will be discussing it in that context. But I think what we have also developed more and more between the US and India is a degree of trust and confidence that frankly was not present a decade ago. And I think our goal will be to seek to build on that,” he said.

One of the most important things that have been developed in this process is that there will be deliverables and discussions about areas where the two countries are united and areas where they still continue to have concerns, he said.

“Many business groups and investment groups are looking at India as part of a strategy to diversify globally. New supply chains, new investment opportunities. The most impressive diaspora I’ve engaged with is Indian Americans in the United States, who are proud and pleased with what they see generally in terms of the embrace going forward,” he said.