Make & Invest in India, incubator of innovations: Modi at GSE 2017

Celebrating India as the land of entrepreneurs and the incubator of innovations, India’s Prime Minister Narendra Modi has exhorted the international community to invest in India and showcased the burgeoning entrepreneurial culture in the world’s fastest growing major economy.Highlighting India’s recent economic achievements and the government’s successful efforts at promoting an investor friendly environment, Prime Minister Narendra Modi addressed the world’s top innovators and entrepreneurs at the 8th edition of the Global Entrepreneurship Summit (GES-2017) in Hyderabad on November 28. Inaugurating the show with United States President Donald Trump’s Adviser Ivanka Trump, Mr Modi underscored the them of “Women First, Prosperity for All”, and pointed out a growing number of women entrepreneurs in India. This is the first time India is hosting the GSE, which has brought together over 1500 investors, entrepreneurs, academicians, think-tanks and other stakeholders to propel the global entrepreneurship ecosystem.

Read More

India, US sign new defence framework pact, focus on co-development

In a major thrust to the India-US Strategic Partnership, the two nations signed a new 10-year defense framework agreement during an official visit of the US Secretary of Defense Ashton Carter to India. The agreement builds upon the previous framework and shall guide the bilateral defense and strategic partnership for the next ten years.

The groundwork for this was done during the successful January visit of President Barack Obama to India. The agreements were signed during the meeting of Mr Carter and India’s Defense Minister Manohar Parrikar on June 3rd in New Delhi.
During Mr Carter’s visit, apart from inking the framework agreement, the two sides have agreed to expedite discussions to take forward cooperation on jet engines, aircraft carrier design and construction, and other areas. Continued bilateral cooperation in the areas of mutual interest, including maritime security and joint training in defense, was also agreed to.

Read More