Devyani's Situation Should Never Have Happened: Indian Envoy

Secondly, "these big Indian goals are not at odds with the interests of the U.S. In fact, these could even be complementary," the envoy said.

Noting that "economy is now so central to our ties," Jaishankar said "I would also like to make it very clear that India's interests warrant supporting an early American recovery."

Not enough credit has been given to the investments that Indian companies have made in the U.S. since 2008, he said pointing to a recent study of 68 Indian companies which revealed that their collective investments in the US exceed $17 billion.

"A fair dialogue should also take into account Indian priorities and concerns," he said. "A worrying sign is the tendency by some to demonise the business climate in India. This tactic could well end up being counterproductive," Jaishankar warned.

Asserting that "reviving growth through increasing investment is our foremost priority," the envoy said: "India is concerned about its reputation, and we mean to act to show that we are open to international business."

While two sides "could continue a public argument on trade and investment issues," Jaishankar said: "on some issues, we need to find an acceptable compromise because the fact is that we are coming at it from different places."

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