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Digital economy is space for future growth and opportunity between India, US: USIBC President

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Addressing the 7th India Ideas Conclave in Bangalore on Sunday hosted by the India Foundation, at the panel Commerce & Industry 2.0. President of the USIBC Atul Keshap discussed India's impressive development, the success of government-led digitisation efforts, and the country's status as the fastest-growing large economy.Digital economy is space for future growth and opportunity between India, US:  USIBC President

Describing the digital economy as a goose that lays golden eggs, the head of the US-India Business Council (USIBC) has called for the creation of structures, regulations and the legal framework to ensure the continued vitality and growth of this key sector in the US and India.

Addressing the 7th India Ideas Conclave in Bangalore on Sunday hosted by the India Foundation, at the panel Commerce & Industry 2.0. President of the USIBC Atul Keshap discussed India's impressive development, the success of government-led digitisation efforts, and the country's status as the fastest-growing large economy.

Digital economy trade is the goose that lays the golden eggs between both of our countries...My appeal to you would be that we make sure that we create the structures, and the regulations, and the legal framework to ensure the continued vitality and continued growth of the digital economy in the United States and India, Keshap, also a former top American diplomat, said.

There is a sweeping revolution happening in India, and it is going to have an enormous positive impact on India, on America, and on the entire world. After centuries of disruption, India is returning... to its historic stature as one of the largest and most dynamic and prosperous economies on earth, Keshap said.

The former State Department diplomat, who recently served as the Charg d'affaires of the US Embassy in India, was speaking on transformations in infrastructure, economic policy, and the digital economy among other areas.

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