Garcetti further said he believes the US India-relationship is the most defining relationship of this century.
On the G20 summit organised under India’s presidency in September, he said it was the best ever in the history.
“The relationship is not just US plus India. It is an exponential relationship. Look at how we attended our best ever G20 in our history together. Of course led by India and thank you for your marvellous leadership,” Garcetti said.
Speaking on the business opportunities, he said there is lot of investment opportunities in the area of renewables in the Indian and the US markets. Companies from both sides can take benefits from opportunities in each other’s markets, he said.
“When it comes to climate, we look for opportunities for Indian companies in the US and vice versa. India’s PLI provides tax benefits to companies operating in solar manufacturing electrolysers. Investment need to flow more quickly from both sides,” he noted.