US is investing $3.8 billion for renewable energy and infrastructure goals in India US Envoy Garcetti

US Ambassador Eric Garcetti announced that the US International Development Finance Corporation is investing $3.8 billion to support India’s renewable energy and infrastructure goals.

Speaking at the India-US Space Cooperation event in Mumbai last night, US Ambassador Eric Garcetti stated that in addition to supporting India’s renewable energy and infrastructure goals, the US is also investing in agriculture, healthcare and financial services.

He expressed pleasure in announcing that the U.S.-India Alliance for Women’s Economic Empowerment is expanding with new partners.

Garcetti stated, “The United States International Development Finance Corporation is investing $3.8 billion to support India’s renewable energy and infrastructure goals, as well as agriculture, health care and financial services initiatives.”

He emphasized that both countries are making progress not only in development, but also in technology. “Technology will shape our future,” he noted.

He added: “Realizing our full economic potential requires leveraging the strengths of our nations and uniting the U.S.-India alliance to make global contributions.” He highlighted US-India cooperation in key minerals, semiconductors, defense and space.

He emphasized that as the celebration unfolds, advances in jet engines, unmanned vehicles and other pioneering achievements on Earth will fuel collaborative efforts in space.

Garcetti explained that this year, collaborative efforts in space create connections between “our companies, our workers, our governments, our universities, our investors and our startups” to drive innovation and ensure that space remains a peaceful arena of progress for everyone .

He went on to highlight that astronaut Sunita Williams, whose family roots are in Mumbai, is set to pilot Boeing’s Starliner spacecraft on its inaugural manned test flight. “He is an officer in the United States Navy and a veteran of two space missions. This year he will go into space again,” he confirmed.

The U.S. ambassador emphasized his desire to strengthen connections between cities like Los Angeles and Mumbai by hosting the inaugural U.S.-India City Exchange. This initiative aims to present first-class spatial planning concepts, taking into account issues ranging from air pollution to public transport systems, climate change and infrastructure.

“Together, I intend to accelerate our partnerships in infrastructure, technology, energy and health to support sustainable economic growth,” he said.

Highlighting the importance of the Quad partnership, Garcetti expressed his desire to witness Quad expansion to include India, the United States, Australia and Japan.

“Our cooperation ensures a free Indo-Pacific. Let’s start the countdown,” he said. Garcetti shared the story: “Sally Ride, a teacher, flew into space on the American space shuttle. When asked what space looked like, she replied, “The stars don’t look bigger, but they look brighter.” Look at these stars, literally and figuratively, and imagine them shining brighter. The stars are amazing, but their power lies in their constellation, which inspired our ancestors to see order in chaos and predict the human experience.

Image source: ANI