Dear
Reader,
Greetings. We are extremely happy to bring
out a special issue of Indo-US Business to
mark the visit to India of President George
Bush, who arrives in New Delhi on March 1,
2006. The month of March appears to bring
good tidings for relations between India and
the United States, the world's largest and
the most powerful democracies respectively.
It was in March 2000, the then US President
Bill Clinton visited India, charming everybody.
Many changes have taken place in the last
six years, altering the global power equations
permanently. India and the US have become
strategic partners in progress as well as
their fight against terrorism. President Bush
brings with him a solid agenda of carrying
forward the strategic partnership the two
countries had forged during Prime Minister
Manmohan Singh's visit to the US last July.
We carry a detailed cover story on President
Bush's visit, which raises expectations high
in terms of the outcome. President Bush and
Prime Minister Singh are expected to hammer
out an agreement on a vast range of issues.
The issue also carries a report on Indian
Budget, which lays stress on agriculture and
poverty alleviation. We also present an article
on India's Economic Survey, which calls for
further reforms. The issue showcases a special
section on four states, Maharashtra, Madhya
Pradesh, Chattisgarh and Kerala, focusing
on the investment opportunities available
there. All the four states offer incentive
to foreign investors in various industrial
sectors ranging from information technology
to energy and infrastructure. In an interview,
Maharashtra's Industry Secretary V.K. Jairath
talks about how the state is emerging as a
global player in attracting investment. The
highlight of Madhya Pradesh is an article
on the state's fiscal discipline and the rewards
it has reaped, thanks to Chief Minister Shivraj
Singh Chauhan. Chhattisgarh Chief Minister
talks about turning his state into India's
power hub. Kerala's showpiece is its tourist
appeal. There is a success story of Global
Trade Finance Ltd, which has posted a remarkable
growth during the last few years. We carry
a detailed interview with the company's MD
& CEO Arvind Sonmale, who says the world
markets are just ripe for Indian exports.
Sanjay Kothari of the Gem and Jewellery Export
Promotion Council, talks about the Indian
jewellery products and how President Bush's
visit will add both visibility and value to
their export to the US. We have reports on
Daya Solutions, a Bangalore-based software
company, the recent celebrations of the Pravasi
Bharatiya Divas or the convergence of Non-resident
Indians and people of Indian origin at Hyderabad.
Plus we have the news from the Indo-American
Chamber of Commerce and other regular features.
Wish you happy reading
Satya
Swaroop
Managing Editor
satya@newmediacomm.biz