"As we mark one year of India's current government, it is difficult not to see the changes in the way of doing business and not to see in them cause for optimism and satisfaction," Indian Ambassador to the US Arun K Singh said.
In his keynote address on 'India Under Modi: One Year In' at thinktank Asia Society, Singh said Modi government's first year has been used effectively to lay the foundation for India's rapid transformation and for robust and purposeful diplomacy.
The Indian envoy said that the past year has demonstrated that good economics can also be good politics in India.
"We are at a qualitatively different phase in India's domestic transformation, in India's foreign policy approaches and in India's engagement with the US than we were a year ago," he said.
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In the past year, India's relation with the US has been "completely transformed," Singh noted.
Emphasising the "excellent personal friendship" between US President Barack Obama and Modi, he said the American leader was the first to visit India twice during his tenure and first to be the Guest of Honour at the Republic Day celebrations.
Highlighting the extensive interactions between US and Indian officials in political, economic, defence and cultural areas, Singh said India and the US are engaging on a bilateral investment treaty and agreement on social security.