U.S. To Support Reforms In India: Treasury Secretary Lew

The trade between India and the U.S. stood at a record high -- nearly $100 billion a year -- and strengthening growth in both countries would lead to more demands, more opportunities, for firms and workers.

Welcoming Lew, Mahindra Group chairman and U.S.IBC board member An and Mahindra said that at this critical time of revival in the Indian economy, now more than ever, a strong economic and financial partnership with the U.S. was critical for ensuring vibrant growth and success in both countries.

"The business community commends Secretary Lew for his commitment to meaningful dialogue with Finance Minister Arum Jailed and the Indian private sector," Mahindra said.

Later, Lew was closeted in a closed-door session with top business leaders like Anil Amana, Swati Piramal, Adi Godrej, Sanjay Nayar and Rajiv Lall among others.

The exclusive gathering allowed for a frank discussion between India's key business leaders and Lew on the global and Indian economy and business climate, with a focus on policies to propel manufacturing, infrastructure, and investment growth in both countries, a CII spokesperson said.
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