Industrialised economies still investment targets: EAM Jaishankar

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Industrialised economies still investment targets: EAM Jaishankar - Business Standard

Quick Summary:

Speaking at the silver jubilee celebrations of the Aditya Birla Group's Scholarships programme in Mumbai, Jaishankar said while a lot of countries are nervous about the US -- following the return of Donald Trump as President -- India is not one among them."Yes, there is a shift.

There is a trend towards a more diverse, multipolar world but older, industrialised economies have not gone away and remain prime investment targets, External Affairs Minister S Jaishankar said on Sunday.

So no question there is a rebalancing," Jaishankar said in response to a question on the reset in the global power dynamic that was playing out amid the shift in the balance of power from the west to the east.