India-US business on equal terms: Bajaj

MUMBAI - Eminent industrialist Rahul Bajaj Saturday said that business between the US and India must be on equal terms and no one party should be subservient to the other.

Reacting to President Barack Obama’s speech here, Bajaj said now that the US needs India, it wanted to do business with India.

“However, it must on equal terms. They must remember that until now, we needed them, now the US needs India,” he said.

Bajaj was interacting with mediapersons after Obama’s 25-minutes speech at a business summit.