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Eric Garcetti
Photo Courtesy: Avishek Mitra/IBNS

Ambassador Eric Garcetti says US investing $3.8 bn to meet India's renewable energy, infra goals

| @indiablooms | May 24, 2024, at 08:20 pm

US Ambassador Eric Garcetti said the United States International Development Finance Corporation is planning to invest  $3.8 billion to meet India's renewable energy and infrastructure goals.

While addressing the event on 'Indo-US Space Co-operation' in Mumbai last night, the US envoy was quoted as saying by ANI that along with the renewable energy and infrastructure goals, the US is also supporting agricultural, healthcare and financial services.

He said the US-India Alliance for Women's Economic Empowerment is growing with new partners.

"I am delighted to share tonight that the United States-India Alliance for Women's Economic Empowerment, which is a public-private partnership between our two great nations to advance women's economic security in India, is growing with new partners," he said.

"The United States International Development Finance Corporation is investing $3.8 billion to meet India's renewable energy and infrastructure goals while supporting agricultural, healthcare and financial services," Garcetti said.

He said the two nations are moving forward to technology.

"You know, technology will define our lives," he was quoted as saying ANI.

"Reaching our full economic potential means harnessing the very best in our own nations and connecting this alliance together of the US and India to see what we can do for the world," he added.

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