Washington: MR Rangaswamy, founder of Indiaspora in the US, said that Prime Minister Narendra Modi’s visit to the US is taking place at a time when India is in a strong position and the Indian economy has also gained momentum. Rangaswamy said, “Prime Minister Modi is coming to America in a strong position.” He said that under Modi’s leadership, India has emerged as a strong economic power in the world. Companies are not only seeing it as an investment destination, but a large number of Indian ‘startups’ are now turning into ‘unicorns’.
Also read: British Prime Minister Boris Johnson welcomes US stand on climate issue
A ‘unicorn’ is called a startup company whose value is more than one billion dollars. Rangaswamy said, “India’s economy has started booming. This is a far cry from two years ago. India’s economic might is taking the right form now.” He said it is going to be a “golden decade” for Indian industrialists. Prime Minister Modi will come on a three-day visit to America on Wednesday. He is also likely to meet prominent figures in the US corporate sector. South Asian community leader Ajay Bhutaria welcomed Modi’s visit, saying it was a “very important step” towards further strengthening India-US bilateral ties. He said the visit has become even more important due to the rapidly changing situation in Afghanistan. Modi will also address the United Nations General Assembly in New York on Saturday.
ALSO READ: PM Modi, US President Biden to meet in Washington on September 24
Meanwhile, MP Ro Khanna, who represents Silicon Valley in the House of Representatives, said Modi’s three-day visit to the US would be crucial to strengthen bilateral ties between the two countries. Khanna said, “I welcome Prime Minister Modi’s visit and believe it will be important to strengthen US-India relations.” Another Indian-American lawmaker Raja Krishnamurthy said Biden’s talks with Modi. The meeting is an important step in strengthening the US-India partnership on a range of issues including investment, trade, and working together to end the global pandemic through expanded vaccine production and distribution.