India is moving towards strengthening of capitalism. The
U.S. can invest in India in the following fields:
Science and Technology: to enhance
quality research
Software Industry: to introduce the
latest technology
Space: to create more space centers and
create advancement
Automobile Industry: to develop
environment friendly mechanisms
Education of high quality: to give
impetus to quality education
Healthcare: to provide quality medical
aid and to make available latest drugs in the market
India needs
permanent U.S. support to be included as permanent member in United Nations
Council.
India needs Uranium for building atomic energy.
India needs support in modernization of Defence Systems.
Indian Oil research can be strengthened with U.S. support.
India is a very big market for software products and U.S.
can make use of this opportunity.
U.S. can introduce a favorable banking system in India that
helps entrepreneurship grow. For instance, China encourages business men by
lending money at a low rate of interest. This helps develop industrial
productivity. China also encourages business men by charging very low rate for
electricity. This is a successful model as it has boosted Chinese economic
growth. China has emerged as the largest
exporter in the world with this support given to Chinese businessmen. U.S. and
India can come together and bring changes in the global banking system using
the Chinese business model.
Also, agricultural research can be systematized with U.S.
India collaboration.
India has vast
terrains with a fertile soil and this can be manipulated to produce food for
the world with a well planned R & D.
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