India is passionate about innovation and will astound the world, says US diplomat

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India is passionate about innovation and will astound the world, says US diplomatA top American diplomat said India will astound itself as the country is passionate about innovation and entrepreneurship.
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Assistant Secretary of State for Economic and Business Affairs Charles H Rivkin said India will also astonish the world owing to its growing vibrancy.

Rivkin had recently led a high-powered US delegation on the American Innovation Roadshow to promote economic growth in four cities-New Delhi, Gurgaon, Hyderabad and Ahmedabad.

"I was so impressed by what I saw. In every incubator we visited, members of our delegation, especially the solar companies, identified tangible commercial and investment opportunities," said Rivkin.

"In every meeting, I experienced in a very refreshing way exactly what binds our two countries together: a shared passion for innovation and entrepreneurship. In fact, Americans and Indian entrepreneurs have become part of a shared culture that reveres innovation," Rivkin said.

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Referring to the recent decisions of Prime Minister Narendra Modi to increasingly devolve federal funding to the States and encouraging them to actively compete with one another in a "race to the top" for foreign investment, Rivkin said this new dynamic was evident in their conversations with state leaders.