Bring technology, capital to India: Union Minister Dharmendra Pradhan calls on American firms

NEW DELHI: Union Petroleum Minister Dharmendra Pradhan on Monday called on the American firms to invest their technology, capital, and business models into the ‘vibrant’ Indian energy industry.

In a conversation with former Ambassador to US Tim Roemer at US-India 2nd annual India leadership summit, Pradhan said, “There are three things I am expecting from this gathering here. One, technology must come to India. For the next two decades, the growth will be only in India. All the global experts are saying that the energy growth of the world will be around 1 and 1.5 (per cent). For India, they are predicting that for the next twenty years, the growth will be 4.5 (per cent).”

“Bring your technology to my country and you will get assured market. Bring capital, bring good business models to India, which will be acceptable to both of us.”

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