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    <pubDate>Fri, 14 Aug 2026 03:39:03 +0500</pubDate>
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      <title>US commerce secretary urges more India reform</title>
      <link>https://www.brecorder.com/news/2546/us-commerce-secretary-urges-more-india-reform</link>
      <description>&lt;p&gt;&lt;img width="400" src="https://i.brecorder.com/images/stories/pics2010/Commerce-Secretary.jpg" alt=" " height="587" style="float: left; margin-bottom: 10px; margin-right: 10px;" /&gt;&lt;/p&gt;
&lt;p&gt;MUMBAI&lt;b&gt;: &lt;/b&gt;US Commerce Secretary Gary Locke on Thursday called on India to create more jobs and upgrade its infrastructure as it embarks on a rapid growth path.&lt;/p&gt;
&lt;p&gt;&lt;p&gt;Locke, in India after US president Barack Obama's visit to the country in November, urged the software sector to push for more market reform.&lt;/p&gt;
&lt;p&gt;"India needs more jobs, its transport and infrastructure have to be upgraded," Locke said, adding that US companies could help provide high-speed internet capacity and technology.&lt;/p&gt;
&lt;p&gt;"We seek mutually beneficial win-win opportunities (with India)," Locke said at the end of a three-day information technology summit, organised by industry lobby group the National Association of Software and Services Companies (NASSCOM).&lt;/p&gt;
&lt;p&gt;"If India continues its walk down the path of reform and continues to become more open to investments and innovations of foreign companies, it will stand a much better chance to meet the needs of its people and of helping to lead the global economy," Locke said.&lt;/p&gt;
&lt;p&gt;Locke is in India along with delegations from several US companies seeking to promote their products and services in civil nuclear energy, aviation, information and communications technology, and defence.&lt;/p&gt;
&lt;p&gt;Locke did not address controversial issues such as the outsourcing of American jobs to India and a growing protectionist sentiment in the United States.&lt;/p&gt;
&lt;p&gt;NASSCOM president Som Mittal on Thursday urged the US government not to take "any short-term decisions" which would have long-term impact on the IT sector.&lt;/p&gt;
&lt;p&gt;US and other foreign firms, drawn by India's vast, educated English-speaking workforce and lower labour costs than in the West, have farmed out a wide range of jobs, ranging from retail banking call centres to insurance claims processing to equity analysis.&lt;/p&gt;
&lt;p&gt;India's top software outsourcing firms saw a recovery in demand in key markets, including the US, in the last quarter ending in December.&lt;/p&gt;
&lt;p&gt;NASSCOM said software exports were expected to touch $59 billion this financial year ending March, after growing just five percent to $49 billion in 2009-10, when the sector was hit by the global financial downturn.&lt;/p&gt;
&lt;p class="MsoNormal"&gt;&lt;Center /&gt;&lt;b&gt;&lt;i&gt;Copyright AFP (Agence France-Presse), 2011&lt;/b&gt;&lt;/i&gt;&lt;/center&gt;&lt;/p&gt;&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><img width="400" src="https://i.brecorder.com/images/stories/pics2010/Commerce-Secretary.jpg" alt=" " height="587" style="float: left; margin-bottom: 10px; margin-right: 10px;" /></p>
<p>MUMBAI<b>: </b>US Commerce Secretary Gary Locke on Thursday called on India to create more jobs and upgrade its infrastructure as it embarks on a rapid growth path.</p>
<p><p>Locke, in India after US president Barack Obama's visit to the country in November, urged the software sector to push for more market reform.</p>
<p>"India needs more jobs, its transport and infrastructure have to be upgraded," Locke said, adding that US companies could help provide high-speed internet capacity and technology.</p>
<p>"We seek mutually beneficial win-win opportunities (with India)," Locke said at the end of a three-day information technology summit, organised by industry lobby group the National Association of Software and Services Companies (NASSCOM).</p>
<p>"If India continues its walk down the path of reform and continues to become more open to investments and innovations of foreign companies, it will stand a much better chance to meet the needs of its people and of helping to lead the global economy," Locke said.</p>
<p>Locke is in India along with delegations from several US companies seeking to promote their products and services in civil nuclear energy, aviation, information and communications technology, and defence.</p>
<p>Locke did not address controversial issues such as the outsourcing of American jobs to India and a growing protectionist sentiment in the United States.</p>
<p>NASSCOM president Som Mittal on Thursday urged the US government not to take "any short-term decisions" which would have long-term impact on the IT sector.</p>
<p>US and other foreign firms, drawn by India's vast, educated English-speaking workforce and lower labour costs than in the West, have farmed out a wide range of jobs, ranging from retail banking call centres to insurance claims processing to equity analysis.</p>
<p>India's top software outsourcing firms saw a recovery in demand in key markets, including the US, in the last quarter ending in December.</p>
<p>NASSCOM said software exports were expected to touch $59 billion this financial year ending March, after growing just five percent to $49 billion in 2009-10, when the sector was hit by the global financial downturn.</p>
<p class="MsoNormal"><Center /><b><i>Copyright AFP (Agence France-Presse), 2011</b></i></center></p></p>
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      <guid>https://www.brecorder.com/news/2546</guid>
      <pubDate>Thu, 10 Feb 2011 17:23:16 +0500</pubDate>
      <author>none@none.com (Abdul Ahad)</author>
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