Jaishankar says India not nervous of Trump’s return as president

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

Mr. Jaishankar said that Mr. Jaishankar spoke at the silver jubilee celebrations of the Aditya Birla Group’s Scholarships program in Mumbai. At the same time, many countries are nervous about the US following the return of Donald Trump as President, but India is not one of them.

“Yes, there is a shift. We are an example of the shift… if you look at our economic weight, you look at our economic ranking, you look at even Indian corporates, their reach, their presence, Indian professionals, which I spoke about. So, there is no question there is a rebalancing,” Jaishankar said in response to a question about 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.

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

Speaking at the silver jubilee celebrations of the Aditya Birla Group’s Scholarships program in Mumbai, Mr. 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. We are an example of the shift… if you look at our economic weight, you look at our economic ranking, you look at even Indian corporates, their reach, their presence, Indian professionals, which I spoke about. So, there is no question there is a rebalancing,” Jaishankar said in response to a question about 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.

Speaking on the India-US relationship and MR. Trump’s win, he said, “Prime Minister Narendra Modi was among the first three calls, I think, that President (elect) Trump took.” He said India and Prime Minister Modi have built rapport with multiple presidents.