Billionaire industrialist Gautam Adani on Wednesday said that existing $150 billion of bilateral trade between the US and India is no more than a speck in the ocean and far more needs to be done. His comments came after he was honoured with the USIBC Global Leadership Award.
“The theme of this summit –Maximizing the Next 75 Years of US-India Prosperity– is impeccable in terms of timing. There can be no disagreement that given the fast-evolving and new emerging global dynamics–the success of the partnership –between the two largest global democracies of India and the United States –will be one of the most defining relationships of this century. However, while there is strategic alignment–I am sure we would all agree that far more needs to be done in terms of ground execution,” Adani said.
Stressing upon the business opportunities that arise from climate change he said that cooling the planet down – equitably – is necessary and can be one of the most profitable businesses over the next several decades.
“The first and foremost– not surprisingly –is Climate Change. There has been a lot of talk about the developed nations supporting the developing nations but far more needs to be done– urgently –in terms of partnering in this space. Cooling the planet down – equitably – is necessary and can be one of the most profitable businesses over the next several decades. With the signing of the US climate bill into law, both our nations must find a mechanism to benefit from this massive stimulus. The governments have done their part, it’s now the job of the businesses to find a way to collaborate,” the world’s third richest person said.