US law ends India's nuclear apartheid: India, Inc.
Indian industry on Monday welcomed the new law that allows US to have nuclear trade with India, saying it ends the apartheid against the country and will open new business opportunities in the critical sector.
By PTI |
NEW DELHI: Indian industry on Monday welcomed the new law that allows US to have nuclear trade with India, saying it ends the apartheid against the country and will open new business opportunities in the critical sector.
"Its a big development for India and we welcome it. The law ends the nuclear apartheid against India," CII President R Seshasayee told the media here, shortly after US President George W Bush signed the law in Washington.
The law was the recognition of India as a stable democracy, he added.
CII also said by passing the law the US has again expressed its confidence in India and proves that Washington views New Delhi as a strong ally.
FICCI President Saroj Poddar also welcomed the move.
"This will open new business opportunities in the nuclear sector for companies from both countries," Poddar told the media.
Earlier, US President Bush signed the Henry J Hyde India-US Civil Nuclear Cooperation Act, that paves the way for supply of nuclear fuel and equipment to India.
"Its a big development for India and we welcome it. The law ends the nuclear apartheid against India," CII President R Seshasayee told the media here, shortly after US President George W Bush signed the law in Washington.
The law was the recognition of India as a stable democracy, he added.
CII also said by passing the law the US has again expressed its confidence in India and proves that Washington views New Delhi as a strong ally.
FICCI President Saroj Poddar also welcomed the move.
"This will open new business opportunities in the nuclear sector for companies from both countries," Poddar told the media.
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Earlier, US President Bush signed the Henry J Hyde India-US Civil Nuclear Cooperation Act, that paves the way for supply of nuclear fuel and equipment to India.
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