Prime Minister Atal Bihari Vajpayee has said that a group of successful Indo-American information technology professionals would set up a Global Institute of Science and Technology in India in collaboration with the University of California-Berkeley.
Stating that economic and business cooperation is the
critical pillar of Indo-US relations, Vajpayee told the
National Association of Manufacturers and Confederation of
Indian Industry, on Friday, that he has invited US business
leaders to invest more in India.
Talking about the Global Institute, assistant secretary
of state Karl F Inderfurth, alongwith senior director for
nearest and South Asia Bruce Riedel, said, “This is a private
initiative of leaders of Indian origin.” “We have raised half a billion dollars for establishment of world class universities. These institutes would cooperate with US universities,” they said.
Representativs of several major corporations also praised
India's reform policy. One of the corporations, Hughes,
expected to invest two billion dollars in its projects in
India.
It has also proposed to adopt some villages in Maharashtra where computers would be introduced to train students in information technology.
Bureau Report
