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Global Investors Bet Big on India's Future Despite Economic Headwinds

Union Power Minister Manohar Lal met with top US business leaders to strengthen energy cooperation between the two nations. The discussions covered everything from transmission infrastructure to green hydrogen affordability. Major companies like Google and Exxon Mobil participated in the strategic dialogue. Both sides expressed strong confidence in India's economic future and growing bilateral partnership.

Key Points: Manohar Lal Meets USISPF on India-US Energy Cooperation

  • Discussions focused on US investment in innovative energy storage solutions
  • Both sides explored reliable power supply for India's growing data centers
  • Minister highlighted India's progress in energy transition and urban development
  • Collaboration potential identified for solar module exports from India to global markets
2 min read

Global investors continue to express confidence in India's future: Manohar Lal

Union Minister Manohar Lal discusses energy transmission, green hydrogen, and data center power with US investors, highlighting global confidence in India's growth story.

"The global investor community continues to express confidence in India's future - Manohar Lal"

New Delhi, Nov 12

Union Power Minister Manohar Lal on Wednesday held discussions with members of the US-India Strategic Partnership Forum (USISPF) and leading business representatives on a wide range of issues including collaboration in the transmission sector, investment by American companies in innovative energy storage solutions and reliable & quality power supply to upcoming data centres in India, and affordability of green hydrogen.

The Minister appreciated the strong and positive response from USISPF members and business leaders, noting that the global investor community continues to express confidence in India's future.

During the interaction, Manohar Lal highlighted the Indian government's ambitious national missions across multiple domains, including energy transition, urban infrastructure development, the PM-AWAS Yojana, and digital infrastructure expansion. He underscored India's achievements in strengthening its power, housing and urban sectors, driven by innovation, investment, and inclusive growth. He also discussed the potential for exports of solar modules from India.

The visiting delegation consisted of USISPF members, including its Chairman and JC2 Ventures Founder and CEO John Chambers, USISPF President and CEO Mukesh Aghi, Google's Chief Technologist, Prabhakar Raghavan, Exxon Mobil Senior Vice President Jack P. Williams, and ReNew group President Vikram Kapur.

Both sides acknowledged the growing momentum in India-US energy cooperation, reflecting decades of strong diplomatic partnership and a shared commitment to sustainable development and energy security.

Drawing inspiration from the Indian idea of "Vasudhaiva Kutumbakam" (the world is one family), the Minister emphasised India's commitment to shared growth, shared responsibility, and a shared future.

The US-India Strategic Partnership Forum (USISPF) is committed to promoting bilateral trade and investment between the two countries. The forum aims to bring business and government together in new ways to create meaningful opportunities based on a strategic partnership between the U.S. and India. Its objective is to work closely together with business and government leaders to achieve the goals of driving economic growth, job creation, innovation, inclusion, and entrepreneurship.

- IANS

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Reader Comments

R
Rohit P
While I appreciate the positive developments, I hope these investments actually reach the common people. We've seen many announcements but the benefits need to percolate down to smaller cities and rural areas. Affordable power should be the priority.
M
Michael C
As someone working in the tech sector, the focus on reliable power for data centers is crucial. India's digital transformation needs stable infrastructure. Good to see Google and other major players involved in these discussions.
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Shreya B
Vasudhaiva Kutumbakam - what a beautiful philosophy to guide international partnerships! 🌍 This approach will definitely strengthen India's position globally. The energy storage solutions and solar exports potential is particularly exciting for our manufacturing sector.
A
Arjun K
PM-AWAS Yojana combined with urban infrastructure development is the need of the hour. With proper implementation, these partnerships can transform our cities and provide better living conditions for millions. Hope the execution matches the vision.
J
James A
The involvement of companies like Exxon Mobil and Google shows the seriousness of these partnerships. India's energy transition story is becoming increasingly attractive for global investors. Smart move focusing on sustainable development.

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