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Showing posts with label KCCI. Show all posts
Showing posts with label KCCI. Show all posts

Friday, December 23, 2011

US to invest $1 trillion in India: Nirupama Rao

Kochi: US will invest $1 trillion towards infrastructure development in India to meet the needs of a growing population, said Nirupama Rao, India's ambassador to the US. She was addressing members of the Kerala Chamber of Commerce and Industry ( in Kochi on Thursday.

"By March 2012, a trade delegation led by US secretary of commerce John E Bryson will visit India to discuss this investment. An 'evergreen revolution' similar to the Green Revolution is planned with US expertise to increase agricultural production and rural income. Space technology will come in handy for predicting monsoon and creating new linkages from farm to market," she revealed.

"The political engagement between India and the US has strengthened significantly and the strategic understanding has deepened. The partnership is multi-faceted and it extends to all activities that touch all aspects of the human endeavour -- from education, health, agriculture to our concerns in peace, security and human dignity. A strategic dialogue was established between the two countries in 2009 and has identified five principal areas for co-operation," she said.

"The two countries are also working together to have a stable economy in Africa and Afghanistan. A global disease detachment centre is planned as part of health cooperation. We will also focus on women's empowerment and combating maritime piracy. Indo-Pacific maritime trade cooperation will be beneficial for both the countries."

Rao also suggested that Kerala, a natural tourist destination, should be promoted more aggressively in the US.

Deepak L Aswani, chairman of KCCI, Jasmin Karim, convenor of KCCI Ladies' Forum, Sheela Kochouseph, joint convenor, KCCI Ladies's Forum, and Savio Mathew, secretary of KCCI, were also present.