Indian Prime Minister Narendra Modi and Secretary of State Mike Pompeo last week encouraged U.S. companies to do business in India as an alternative to China.
Speaking to a meeting of the U.S.-India Business Council, Modi called the U.S. and India “natural partners” and said that “India celebrates openness in people and in governance. Open minds make open markets. open markets lead to greater prosperity. These are principles on which both India and the U.S.A. agree.”
Earlier at the same meeting, Pompeo said that India was positioned to lure American supply chains away from China because it “has earned the trust of many nations, including the United States.”
Neither Pompeo nor Modi commented on trade talks between the two countries, which have been ongoing.