NewswireToday - /newswire/ -
Ahmedabad, India, 2006/03/05 - United States President Bush said on Software & IT Outsourcing while interaction with students at the Indian School of Business, that is collaborated with Kellog School and Wharton School of Management.
George W. Bush, American president on Friday denied measures of protectionist with addressing domestic problems on Offshore Outsourcing and favored easy way for students of India to U.S. schools and Universities.
Bush said “one way was to educate humans and other is to resort protectionist laws so that it found jobs in this century, let’s decide the pro-growth policies of economic in appropriate place by means of low taxes, less regulations, fewer law-suits and wise energy policies; globalization provides us great opportunities and asserted that his nation would not pull back due to this competition especially from Offshore Outsourcing." Then he highlighted importance of India in terms of today’s business, he said the nations had a more than 30-crore market of middle class. So we can make a product that wanted at a cheaper price, and it becomes viable. It will be having great market in India; the Americans should keep confidence about their future. And when asked to India-America civil nuclear deal that clinched on day before, Thursday, Bush replied that both nations had put behind themselves the cold war and finally decided to move ahead as strategic partners.
Bush told India had always been significant and important nations for America "but with the international politics, it had made difficult for ex-presidents or PM’s to reach some of common agreements." He said that cold war caused the global to become pretty well divided. If you were on single side of it, divide was politically difficult in deal and to work with humans on the other side of the divide."
Indo-US relationship has been changing and growing by strategic partnership, the Export Control List will definitely take it into account, making point that the trade restrictions with India for certain items, including electronic goods, would be eased off. Over the past decades for non proliferation India has been an excellent partner. Then he pointed out that nuclear energy was a clean fuel that did not affect the environment, and the deal would be helpful to India by fulfill its electricity needs in some-way with less pollution in the environment.
The India, America and China must use Information Technologies for ensuring their economies expansion and also to ensure the environment is not adversely affected. The US President hailed Indian Prime Minister, Manmohan Singh and the Indian government for their working style with them and their U.S. government to show the whole-world what is possible impact when people come closer strategically".
Finally, George W. Bush said it was in the interest of the America to work for trade especially like IT and Software Development by Offshore Outsourcing with India to see the entrepreneurial class grows in India so that dreams can be realized.