Digital Economy is Space for Future Growth: Atul Keshap

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Digital Economy is Space for Future Growth: Atul Keshap
23 May 2022
6 min read

News Synopsis

The head of the US-India Business Council (USIBC), describing the digital economy as a goose that lays golden eggs, has asked for the construction of structures, laws, and legal framework to assure the vitality and expansion of this critical sector in the US and India.

On Sunday, he spoke at the India Foundation's 7th India Ideas Conclave in Bangalore on the panel "Commerce & Industry 2.0." Atul Keshap, President of the USIBC, spoke about India's remarkable progress, the effectiveness of government-led digital efforts, and the country's position as the world's fastest-growing big economy.

Keshap, also a former top American diplomat, said, "Digital economy trade is the goose that lays the golden eggs between both of our countries...My appeal to you would be that we make sure that we create the structures, and the regulations, and the legal framework to ensure the continued vitality and continued growth of the digital economy in the United States and India. There is a sweeping revolution happening in India, and it is going to have an enormous positive impact on India, on America, and on the entire world. After centuries of disruption, India is returning... to its historic stature as one of the largest and most dynamic and prosperous economies on earth."