Updated News Around the World
Why the US-India relationship is the key to the next era of globalisation
Technology

Why the US-India relationship is the key to the next era of globalisation

By Andrew McCollum
Why the US-India relationship is the key to the next era of globalisation

US treasury secretary Janet Yellen (second from right) interacts with technology leaders from India and the United States in Bengaluru on February 25.

Synopsis

Policymakers and business leaders in the United States and India must develop a strategy to build a technology corridor that makes India a global leader in the field, creates a secure supply chain and deep partner for the United States, and provides a positive feedback loop that benefits both countries.

India is in a global sweet spot. It is now the world’s most populous country — home to more than 1.4 billion people — and has had robust economic growth for the past three decades, with GDP per capita having risen by 245%. And yet, it remains relatively underdeveloped on a global scale. As of 2019, more than 600 million people in India live on less than USD3.65 a day. Thus there remains enormous potential for economic growth, and improvements in

BY

  • FONT SIZE

    AbcSmall

    AbcMedium

    AbcLarge

  • SAVE
  • PRINT
  • COMMENT

Uh-oh! This is an exclusive story available for selected readers only.

Worry not. You’re just a step away.

Read this story for free.

Unlock your 30 days free access to ETPrime now.

Login to unlock

*No card details required.

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

  • ​Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-​

For all the latest Technology News Click Here 

 For the latest news and updates, follow us on Google News. 

Read original article here

Denial of responsibility! NewsUpdate is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Andrew McCollum 109721 posts 0 comments