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‘India-US will help each other grow in a dynamic global marketplace’ – Arun K. Singh

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By Arun Kumar

Washington: India’s lowering of barriers to investment and encouraging business expansion will help US and Indian companies to further increase their presence in each other’s country, according to Indian ambassador Arun K. Singh.

Image from indiaopines.com
Image from indiaopines.com

“The exchange is good for both nations and should be encouraged,” he said in a blog post in The Hill, a top US political website, noting the two are “economic powerhouses that are helping each other grow in a dynamic global marketplace.”

“We have a stake in each other’s economic future – and that future is very bright,” Singh said citing a new report about Indian companies pouring investment dollars into businesses in the US and creating tens of thousands of American jobs.

The report from the Confederation of Indian Industry and the accounting firm Grant Thornton reveals that not only is Indian investment in the US large, it’s also extremely widespread and clearly growing, he noted.

The 100 Indian-based companies surveyed for the study have made an aggregate $15.3 billion investment in their US operations and created 91,000 jobs in the US, “which by any measure is a substantial contribution to the American economy,” Singh wrote.

The US isn’t just a favoured destination for the time being; it is likely to remain attractive for Indian investors for years, he wrote citing the survey, he said.

“These substantial investments are also a testament to the trust and openness that India and the US enjoy both at the people-to-people and government-to-government levels,” Singh said.

Noting that India, according to Select USA, is now the fourth-fastest growing source of foreign direct investment into the US, he said, “the significant and growing contributions of Indian investments in the US remain a vital component of the bilateral relationship.”

American firms have long been major investors in India, but efforts by Prime Minister Narendra Modi to make economic growth a hallmark of his administration have accelerated US investment there, he said.

India has been lowering barriers to investment and encouraging business expansion, Singh said noting the Indian government has over the past year raised limits on foreign investment in sectors such as insurance, medical devices, railways and defence.

“This will no doubt provide myriad opportunities for US companies to increase their presence in India and will strengthen Indian companies so that they can enlarge their footprint in the US,” he wrote.

(IANS)

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A Different Take on Masculinity: Mard Ko Dard Nahin Hota

Abhimanyu and Radhika are childhood friends. She has seen him grow from pain to pain without feeling it.

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Once Salman Khans heroine in “Maine Pyar Kiya”, Bhagyashree’s son Abhimanyu is now out to make his quirky debut as a boy-man who cant feel any physical pain.

The trailer of his first film “Mard Ko Dard Nahin Hota” has him bleeding through his head and nose as he walks down the street talking to us about the rare congenital disease that precludes pain.

Vasan Bala
A poster of the film ‘Raman Raghav’, directed by Anurag Kashyap. Wikimedia

The idea of not feeling any physical pain could serve as a decent metaphor for the desensitised times that we live in. But then I am not sure Vasan Bala, who has served as an assistant on dark films like “The Lunchbox” and “Raman Raghav”, wants us to assess his film as anything but what it is:a film about a guy who can’t feel any pain.

The protagonist’s ambition, perhaps echoing the modest aspirations of the film’s debutant hero, are severely restricted. So I suspect, is the appeal of this whimsical piece of cinema which also stars the very watchable Radhika Madan.

Also Read: Bollywood 2018: 10 Blockbuster Movies of First Half of the Year

Abhimanyu and Radhika are childhood friends. She has seen him grow from pain to pain without feeling it. We see the defiant repudiation of pain in the film. But we aren’t really sure if the film would be a painless exercise. It seems to stretch one idea beyond endurance.( IANS)

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