The visit of US President Barack Obama to India for the 66th Republic Day was full of symbolism "which can be decoded as" the United States is prepared to recognize the growing economic power of India. "India is, after all, the third largest economy in the world and is poised to grow at 7-8 percent, according to the International Monetary Fund (IMF).
The visit of President Obama to India has given the American business community a sign that India will be important for businesses in the United States. Other reasons for Obama's visit could be that it is ready to exploit the economic potential of India, especially if China's growth slows and the EU is facing a deflationary spiral that could become a real recession .
India as an important member of the BRICS is also close to Russia and China, two countries that resist the Western powers. India, with its huge population of 1.2 billion people mostly youth is a future world power, ready to provide work to countries in need. Not only will the West to software engineers, but with the aging of Europe, many care providers in India in the health sector in the EU is necessary
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