<p class="title">US corporate sector Thursday congratulated Narendra Modi on his "commanding victory", saying the Prime Minister has the potential to transform India and forge opportunity for all Indians.</p>.<p class="bodytext">Prime Minister Modi-led Bharatiya Janata Party (BJP) appears set to post an emphatic victory in the Lok Sabha election, bringing Modi back into the office for a second term.</p>.<p class="bodytext">"Congratulations to" Modi and the BJP "for a commanding victory," said Nisha Desai Biswal, president of US India Business Council (USIBC).</p>.<p class="bodytext">The Prime Minister "has the potential to transform India and forge opportunity for all Indians," she said, adding that the USIBC looks forward to working with the BJP government.</p>.<p class="bodytext">Commending Modi on his electoral success, Biswal said the first five years of Modi's government saw good progress on reforms.</p>.<p class="bodytext">The establishment of a national Goods and Services Tax, passage of the Insolvency and Bankruptcy Code, and a variety of legal and regulatory reforms catapulted India's Ease of Doing Business ranking from 142 to 77, she said.</p>.<p class="bodytext">"These reforms laid the foundation for India's strong record of economic growth. Still, much remains to be done to unlock the expansive growth potential of the Indian market. With a strong mandate from the Indian people, Prime Minister Modi will have an opportunity to usher in an era of global economic and strategic leadership for India," Biswal said.</p>.<p class="bodytext">A strong US-India commercial partnership will support these goals, helping India to grow into a USD 5 trillion economy in the next five years.</p>.<p class="bodytext">"USIBC believes that trade and investment between the two countries is a critical element of India's future growth, and looks forward to working with Prime Minister Modi and his team to unlock new growth opportunities across the US-India corridor," Biswal said.</p>.<p class="bodytext">Biswal was the last diplomat to hold the position of Assistant Secretary of State for South and Central Asia in the Obama administration.</p>.<p class="bodytext">She left the position on January 20. The important diplomatic post has been vacant in the 28 months of the Trump administration. </p>
<p class="title">US corporate sector Thursday congratulated Narendra Modi on his "commanding victory", saying the Prime Minister has the potential to transform India and forge opportunity for all Indians.</p>.<p class="bodytext">Prime Minister Modi-led Bharatiya Janata Party (BJP) appears set to post an emphatic victory in the Lok Sabha election, bringing Modi back into the office for a second term.</p>.<p class="bodytext">"Congratulations to" Modi and the BJP "for a commanding victory," said Nisha Desai Biswal, president of US India Business Council (USIBC).</p>.<p class="bodytext">The Prime Minister "has the potential to transform India and forge opportunity for all Indians," she said, adding that the USIBC looks forward to working with the BJP government.</p>.<p class="bodytext">Commending Modi on his electoral success, Biswal said the first five years of Modi's government saw good progress on reforms.</p>.<p class="bodytext">The establishment of a national Goods and Services Tax, passage of the Insolvency and Bankruptcy Code, and a variety of legal and regulatory reforms catapulted India's Ease of Doing Business ranking from 142 to 77, she said.</p>.<p class="bodytext">"These reforms laid the foundation for India's strong record of economic growth. Still, much remains to be done to unlock the expansive growth potential of the Indian market. With a strong mandate from the Indian people, Prime Minister Modi will have an opportunity to usher in an era of global economic and strategic leadership for India," Biswal said.</p>.<p class="bodytext">A strong US-India commercial partnership will support these goals, helping India to grow into a USD 5 trillion economy in the next five years.</p>.<p class="bodytext">"USIBC believes that trade and investment between the two countries is a critical element of India's future growth, and looks forward to working with Prime Minister Modi and his team to unlock new growth opportunities across the US-India corridor," Biswal said.</p>.<p class="bodytext">Biswal was the last diplomat to hold the position of Assistant Secretary of State for South and Central Asia in the Obama administration.</p>.<p class="bodytext">She left the position on January 20. The important diplomatic post has been vacant in the 28 months of the Trump administration. </p>