India on top: The country on track to become one of the largest economies in the world

By: |
New Delhi | Updated: Jan 20, 2019 7:18 AM

The US-India Strategic Partnership Forum (USISPF) chairman Johan Chambers on Saturday said that India is on the fast track to become one of the largest economies in the world.

vibrant gujarat, vibrant gujarat summit, vibrant gujarat summit 2019, gujarat, india, usSpeaking at a seminar as part of the Vibrant Gujarat Global Summit-2019, Chambers went on to say that Gujarat especially is emerging as an economically and socially advanced state in India.

The US-India Strategic Partnership Forum (USISPF) chairman Johan Chambers on Saturday said that India is on the fast track to become one of the largest economies in the world.

Speaking at a seminar as part of the Vibrant Gujarat Global Summit-2019, Chambers went on to say that Gujarat especially is emerging as an economically and socially advanced state in India. USISPF led a high-level delegation to the Vibrant Gujarat Summit. As a partner organisation for the summit, USISPF has encouraged investment in the state and will use the summit as a platform for its delegation to explore areas and sectors for collaboration with Gujarat. USISPF’s delegation included more than 100 corporate leaders representing sectors, including healthcare, energy, financial services, information technology, manufacturing and agriculture. High-profile companies, including Abbott, Amazon, Cisco, FMC, Mastercard, Vanguard, Amway, Koch Industries, Huntsman, General Electric, Google X, to name a few, are part of the delegation.

At the seminar, Air Products announced its 20-year anniversary of the Inox Air Products Joint Venture in India. The announcement also marked an on-stream of the first of six liquefiers that will serve the growing onsite and merchant liquid industrial gases market in India. The current project features six plants and a $100 million-plus combined investment, which will have a total production capacity of over 1,200 metric tonnes per day (TPD) of liquid product.

Also read: Vibrant Gujarat: India reaches out to African countries

“Our participation in Vibrant Gujarat with USISPF presents opportunities to engage with the Indian leadership at the highest level at the right time for our continued investment and expansion in India as we celebrate our 20-year anniversary of our joint venture INOXAP,” said Richard Boocock, senior vice-president, Air Products.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Battleground Bihar: Youngsters from political clans try their luck as Tejashwi, Chirag fight to defend legacy
2Bihar Election 2020: High Court seeks EC reply on Plurals Party’s plea seeking common symbol to contest polls
3Setback for Congress! Chhattisgarh Governor blocks govt move to bypass Centre’s farm laws