India's LS Poll Triggers Interest in the U.S.: Report

By SiliconIndia   |   Wednesday, 26 March 2014, 12:36 Hrs
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BANGALORE: The upcoming 2014 Indian parliamentary election are considered by the U.S. as the most important polls in the Indian history. With Americans and Indians in America keenly watching this upcoming polls, several think tanks have organized briefings while a community body offers expert insights through various weekly conference calls, reports The Hindu Business Line.

Major briefings are carried out mainly to alert about the major developments in India among different section of the people from across America, said the U.S. India Political Action Committee, a bipartisan organization, that works to impact policy on issues of concern to the Indian-American community in the U.S. The USINPAC describes itself as the political voice of 2.7 million Indian-Americans, offers expert opinion on the election trends in India.

The committee exclaimed, "They want to get expert opinion on the election trends in India, or to understand the economic policies of various political parties, or to evaluate the investment environment in India post-elections. Participants across nine cities, including leaders of the Indian-American community, policy-makers at Capitol Hill, investment bankers and investors from Wall Street, along with technology entrepreneurs and academicians, connected through the calls,” reports the Hindu.

The discussion points during the calls touch upon subjects such as possible outcomes of the elections, impact on trade and investments in sectors such as pharmaceuticals, energy, aviation, IT, status of civil liability bill, possible shift in India's foreign policy.

"There is significant interest in the U.S. about the upcoming elections in India. Policy makers, businesses, and investors want to evaluate the developments. Major policy and business decisions would depend on the outcome of these elections “said Sanjay Puri, USINPAC chairman. "In an age when we all live with information overload, key decision-makers want a quick, crisp, and high-quality analysis from the real situation on-ground," added Puri.

(With inputs from Agency)

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