Learning English - Words in the News
03 March, 2006 - Published 17:05 GMT
Bush visits Hyderabad
President Bush has been to Hyderabad in southern Indian on the last day of his visit to the country. Hyderabad is one of India's most important economic centres and the headquarters of many US companies are based there. This report from Mark Dummett:
George Bush chose Hyderabad as his only destination outside Delhi because it symbolises the India he wants to do business with. It is a hi-tech boom town, the centre for dozens of successful biotech and IT firms and the home to an ever-expanding middle class, many of whom have studied in the US or worked for US companies.
Addressing young business leaders, President Bush said the increasing wealth of cities like Hyderabad presented huge possibilities for US firms. He said he wanted them to sell more goods to India's estimated three hundred million middle class consumers. He said improved trade would compensate for the jobs lost to competition from India's world beating out-sourcing and computer software industries.
His comments were warmly welcomed but many of Hyderabad's large Muslim population closed their shops today, in protest at the President's visit.
a hi-tech boom town
world beating out-sourcing