India will be engine of global growth after 2nd Covid wave: Jaishankar

Jaishankar made the remarks while addressing the maiden edition of the Indo-Pacific Business Summit organised by the external affairs ministry and Confederation of Indian Industry (CII) as part of efforts to drive post-pandemic economic growth.

The Indo-Pacific concept reflects the “reality of globalisation, the emergence of multi-polarity and the benefits of rebalancing”, and means the “overcoming of the Cold War and a rejection of bipolarity and dominance,” he said. It is also an expression of the collective interest in promoting global prosperity and securing the global commons, he added.