[ Obama Talks Business and Defense with Indian Officials ]
Looking to spur job growth in the United states through increased trade with India, President Barack Obama’s state visit to India yielded over $14.9 billion in business deals. Obama said the U.S.-India relationship has the potential to define the 21st century.The president and a delegation of 200 business leaders were in India through Monday, the first stop of a 10-day tour to four of Asia’s biggest democracies, including Indonesia, Japan, and South Korea.
Coming on the heels of historic election losses for the Democratic Party, the foreign tour is an opportunity for Obama to highlight one of his administration’s key job creation strategies: the doubling of U.S. exports within five years.
“The United States sees Asia—and especially India—as a market of the future. We don’t simply welcome your rise—as a nation, and a people—we ardently support it,” said Obama in Mumbai on Saturday, according to a press statement released by the White House.
“In Asia and around the world, India is not simply emerging; India has emerged,” the president added, speaking at a U.S.-India Business Council and Entrepreneurship Summit.
