TATA SUPPORTS PRIME MINISTER SINGH'S ADDRESS TO BUSINESS COUNCIL |
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On November 23, addressing nearly 500 people at the US-India Business Council (USIBC), Indian Prime Minister Manmohan Singh spoke of the new and evolving U.S.-India relationship that "has expanded on many fronts, throwing up new business opportunities." He urged U.S. companies to continue to be part of "India's economic transformation" and to increase their investments in India. He also lauded Indian companies for their continued investments and job creation in the United States. As Prime Minister Singh stated, "This two-way flow illustrates the mutually beneficial nature of our relationship." The event, which was co-sponsored by the Tata group of companies in North America and Honeywell, included members of the India-U.S. CEO Forum. The bilateral CEO Forum was inaugurated in July 2005 by former U.S. President George Bush and Prime Minister Singh during the Prime Minister's first state visit to the United States. In his speech to the USIBC, Prime Minister Singh welcomed the reconstitution of the India-U.S. CEO Forum as a platform from which the private sector could provide recommendations to the U.S. and India governments for the expansion of trade.
Prior to the address, Tata Sons Chairman Ratan N. Tata welcomed the Prime Minister at a small reception and participated in a private lunch for the Prime Minister hosted by U.S. Chamber of Commerce president Tom Donahue.
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