Prime Minister Narendra Modi’s invitation to President Barack Obama to be the first American leader to be the chief guest at India’s Republic day took him by “some surprise” but he felt “personally honoured” to accept.
“Over the next two years, our Export Import Bank (EXIM) will support $1 billion Made In America goods exports to India. Will support lending small and medium businesses across India in more than $1 billion in loans. And our US Trade and Development Agency will invest nearly $2 billion in renewable energy in India,” Obama said in his address at the US-India Business Summit here on Monday.
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