Assistant Secretary of State for Economic and Business Affairs Charles H Rivkin said $4 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
Referring to the recent decisions of $4 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.