India’s economic growth and digital advancements are rapidly transforming the nation, as noted by Atul Keshap, President of the US-India Business Council (USIBC). Keshap highlighted India’s 8.2% growth rate and significant improvements in infrastructure during his recent visit. He emphasized the country’s progress in areas like highways, ports, airports, and digital governance, showcasing a notable digital transformation.
Keshap commended India’s digital identity infrastructure for facilitating swift delivery of public services, particularly evident during the pandemic. He also mentioned legislative changes, such as labor law reforms and the enactment of the Shanti Act to bolster nuclear power development. Observing India’s proactive stance, Keshap remarked on the government’s continuous efforts to drive growth and innovation without complacency.
Reflecting on India’s evolution, Keshap highlighted the remarkable shift in perceptions from his childhood to the present day. He described India as a bustling construction site, with ongoing developments in various sectors like ports, airports, metros, hospitals, and roads. Despite acknowledging the disruptions caused by rapid growth, he emphasized the country’s strategic planning for the future.
Keshap underlined the government’s focus on enhancing the ease of doing business and attracting investments through reforms. He noted India’s commitment to addressing trade concerns raised by the US while striving to achieve developed nation status in the foreseeable future. With India’s position as one of the fastest-growing economies globally, US companies are increasingly investing in the country, spanning technology, manufacturing, energy, and services sectors.
