India is not stealing U.S. jobs: PM Singh

NEW DELHI (BestGrowthStock) – Indian Prime Minister Manmohan Singh Monday said India was not in the business of stealing jobs from the United States.

Singh’s remarks came at a joint news conference with visiting U.S. president Barack Obama.

Obama’s trip to India is aimed to seal big-ticket business deals to secure jobs and exports as well as countering Indian perceptions he has relegated Asia’s third-largest economy behind rivals China and Pakistan.

During a 10-day trip to Asia that will also take him to Indonesia, South Korea and Japan, Obama will push to resolve global financial imbalances, an issue he will make a focus of debate at next week’s G20 heads of state meet in Seoul.

(Editing by Malini Menon)

India is not stealing U.S. jobs: PM Singh