Kerry calls upon investors to harness energy market

Washington: United States Secretary of State John Kerry has said that the climate for bilateral investment and trade has never been better and that is true to everything from clean energy to aerospace to fiscal services and investment.

Speaking at the 40th leadership Summit of US-India Business Council (USIBC), he called upon investors and business houses to harness the opportunity offered by the six-trillion dollar energy market with 45 billion users, which he termed "mother of all markets".

Expressing his concern over climate change, Kerry said 73 per cent of Indians see climate change as more pressing concern. He pointed out that the clean energy market would help create millions of jobs and would provide energy security.

Hailing Prime Minister Narendra Modi`s plan to make India`s economy to become more self-reliant, Kerry expressed his countries` commitment and support in this direction.

Underlining the US-India bonding, Kerry said, "The excitement that was reflected last January on Republic Day when President Obama became first American to be welcomed as the chief guests is really extraordinary, and there were times when such an honour for US officials was unfathomable." 'He also hailed the natural bonding between PM Modi and President Obama, saying it`s really interesting to watch the two men talking about profound technology and profound opportunities lie before us.