NITI Aayog CEO said summit was meant to help create an enabling ecosystem where entrepreneurs can innovate, forge global partnerships and grow
The Global Entrepreneurship Summit 2017 (GES) that begins on Tuesday in Hyderabad is being seen as an important step in deepening the ties between the US and India.
US Ambassador to India Kenneth I Juster on Monday said economic and security relationships between the two countries would have to reinforce each other to make this strategic pact a lasting one. The summit was an important step to further this. Juster also said India should consider itself over a time as the anchor for US business and investment in the Indo-Pacific region, giving greater scope for strategic relations between the two countries.
Co-hosted by the governments of the US and India, the three-day summit is being given utmost importance in the light of US presidential advisor Ivanka Trump’s participation. Prime Minister Narendra Modi would inaugurate the summit while Union ministers Sushma Swaraj, Nirmala Sitharaman and Suresh Prabhu would take part in panel discussions.
The who’s who of India Inc, including Reliance Group Chairman Mukesh Ambani, Godrej Group Chairman Adi Godrej and Adani Group Chairman Gautam Adani, would attend a dinner being hosted in honour of Trump at the Falaknuma Palace on Tuesday, according to officials. PM Modi is also scheduled to attend the dinner.
On whether the event would result in any tangible outcome in trade or investments, NITI Aayog Chief Executive Officer Amitabh Kant said the summit was meant to help create an enabling ecosystem where entrepreneurs can innovate, forge global partnerships and grow.
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