Leaders of India’s major multinational corporations met with U.S. Treasury Secretary Timothy Geithner in Mumbai on October 10 to discuss ways in which the United States and India can deepen their economic engagement and expand opportunities for American and Indian businesses and workers.
The conversation focused on India’s ongoing reform process and ways the two economies can lower barriers to trade and investment, according to Kara Alaimo, the spokeswoman for international affairs at the Treasury.
The meeting was organized by the Confederation of Indian Industry. Above, Deepak Parekh, chairman of Housing Development Finance Corporation, talks with Geithner.
Later, Geithner met with a group of young Indian entrepreneurs from a variety of industries, Alaimo said. In addition to exploring ways to boost bilateral trade and investment, they discussed innovative private-sector solutions to India’s development challenges.