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Modi 3.0 sends strong message of political, economic stability

The US-India relations, forged through years of dedicated effort and investment, will persist in their upward trajectory, says Atul Keshap, President, USIBC

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Modi 3.0 sends strong message of political, economic stability
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11 Jun 2024 1:39 PM IST

Washington: The swearing-in of Narendra Modi as the prime minister for a historic third consecutive term sends a strong message of political and economic stability amidst rising geostrategic uncertainty, USIBC President Atul Keshap has said. Modi was sworn in as prime minister on Sunday for a record-equalling third term, heading a 72-member Union Council of Ministers in the Bharatiya Janata Party-led National Democratic Alliance (NDA) government.

“Prime Minister Modi's historic third term sends a strong message of political and economic stability and continuity by the voters of India amidst rising geostrategic uncertainty,” US India Business Council President Keshap said in an interview on Sunday. “The Indian electorate endorsed the continuation of pro-growth policies that are making India an important anchor of democracy, prosperity, and technological innovation, and a vital partner of the United States," Keshap said after Modi was sworn in as the prime minister for a historic third consecutive term, the first since 1962.

Ronak D Desai, partner and leading India practitioner at Paul Hastings law firm, said a third Modi term ensures continuity in the US-India relationship and signals that bilateral ties will remain robust. “Both nations have meticulously forged, cultivated, and strengthened a partnership that spans virtually every conceivable arena of human cooperation, reflecting a deep-seated commitment to mutual growth and prosperity,” he said.

The US-India relations, forged through years of dedicated effort and investment, will persist in their upward trajectory.

Narendra Modi Political Stability Economic Stability NDA USIBC 
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