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New Delhi , Nov 5 : Finance minister P Chidambaram on Wednesday said the election of Democrat candidate Barack Obama as President of the United States would strengthen India-US relations and his comments on outsourcing should not bother India. Obama was very vocal on his support for keeping jobs inside the US. In his campaign for the presidential election he had promised tax breaks to firms that create employment within the country and said that sops would be cut for those that shipped the jobs to other countries.
The Indian industry feared lower number of contracts from the US in case of Obama's election.
However, Chidambaram said, "A comment here and a comment there (on outsourcing of services) should not bother us. Once Obama is in office, he will realise that it is an inter-connected world and countries have to work together."
"I am very confident that US-India relations will only strengthen in future" by Obama's candidature, he said.
Calling Barck Obama a change agent, Chidambaram said: "We will gain by the change in the US administration." The change, the minister said, is "transformational" and "many ghosts have been exorcised by this election."
"I think this is a tribute to the US democracy that a young, forward-looking black has been elected," he added.
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