USA-India bilateral trade has crossed $200 billion, informs USISPF chief Mukesh Aghi

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. . News Reports ‘Branding Business houses as anti-national, fostering caste divisions and creating North-South divide’: Milind Deora lambasts Congress in letter explaining reasons for quitting party News Reports This is just a trailer, film is yet to come in: Eknath Shinde after Milind Deora left Congress to join his party News Reports ‘If Modi says that Congress is a very good party, they will oppose it’: Milind Deora after joining Eknath Shinde-led Shiv Sena News Reports Months after Diwali, Delhi air continues to be in ‘severe’ condition, a look back at how the Hindu festival was blamed for it Opinions News Reports Ram Mandir is being inaugurated after 500 years of struggle but naysayers want to pick up on petty issues.

Here’s a word of advise. . .

Opinions India can not afford Claudine Gays of the world in its universities- The time to act is NOW Opinions PM Narendra Modi’s Lakshadweep visit, an attempt to promote it as tourist destination of choice in Arabian Sea ahead of china-tilting Maldives Opinions Eastern Horizon: Israel and India’s unrealized strategic alliance Opinions Adani, Rafale and more: How opposition creates empty noise over baseless issues to disrupt parliament and mislead the public Fact-Check All Media Fact-Check Political Fact-Check Social Media Fact-Check News Reports No marriage cancelled due to PM Modi’s visit, only time of some changed: Guruvayur Devaswom in Kerala responds to fake claims of ‘48 weddings. . .

News Reports Alt News’ Mohammed Zubair spreads fake claims that Anju Bobby George joined BJP, yet to delete after multiple fact-checks News Reports ‘Fact-Checker’ Md Zubair spreads fake news after Sanjay Singh wins election to become WFI president, claims he was ‘appointed’ by BJP Fact-Check ‘Islam is incompatible with Europian culture’: 5-year-old video of Italian PM Giorgia Meloni goes viral, reported as recent statement Media News Reports Uttar Pradesh: Land owner in Pratapgarh seeks permission to ‘verbally abuse’ editors of Hindustan after local administration bulldozes his property based on newspaper report News Reports Mumbai Tarun Bharat editor Kiran Shelar refuses to receive journalism award from Deshonnati editor Prakash Pohare for questioning existence of Lord Ram, audience chants. . .

News Reports ‘No intention to humiliate’, ‘did not know woman’s caste’: Punjab and Haryana HC quashes SC/ST FIR against Times Now journalist Bhawana Gupta Media The Guardian admits that Modi 3. 0 is inevitable, continues to whine about India, Hindu nationalism, imaginary Muslim victimhood and more News Reports ‘PM not highly educated, nobody in BJP govt knows economies, you and I should be in govt’: Subramanian Swamy at Kapil Sibal’s new talk. .

. Variety All Books Culture and History Satire WTF News News Reports Odisha: Jagannath Puri Temple Heritage Corridor inauguration on January 17, preparations in final stage News Reports USA: Mall worker Arthur Hector Fernandez offered to babysit toddlers of co-workers, gang-raped them along with others and posted videos on dark web, arrested News Reports Muslim localities, multiple mosques and Qabristans around Ram Mandir in Ayodhya: The ‘diversity’ that Leftists and Islamists want to hide News Reports ‘They brought a helicopter to target and kill unarmed devotees in Ayodhya’: Families of karsevaks claim involvement of late MP Munnan Khan in the. .

. Specials All Interviews OpIndia Explains OpIndia Scoops News Reports ‘Ram Lalla takes precedence over everything’: Karsevak Shiv Dayal Mishra, who survived 2 bullet wounds, describes the harrowing events of the 1990s News Reports Ramlalla in Ram Mandir to be worshipped by Ramanandi method, the sect founded by Ramanand focuses on devotion and surrender to Lord Ram: read. .

. News Reports Record-setter mountaineer Savita Kanswal, who died in Uttarkashi avalanche, awarded the Tenzin Norgay National Adventure Award posthumously News Reports ‘Mother cannot be guardian to minor children, widows cannot sell property’: How Sharia Law is stalling Godrej’s Rs 227 cr land deal in Nagpur More… Social Media Entertainment Political History of India Government and Policy Economy and Finance Sports World Crime Law Support Us हिन्दी में ગુજરાતીમાં More Search Home News Reports USA-India bilateral trade has crossed $200 billion, informs USISPF chief Mukesh Aghi Economy and Finance News Reports Updated: 15 January, 2024 USA-India bilateral trade has crossed $200 billion, informs USISPF chief Mukesh Aghi Moreover, USISPF President Aghi discussed India-US Supply chain momentum and emphasised that companies are moving production to India, adding that 100 million people are affluent Indians and their purchasing power also creates a market opportunity for these companies. 15 January, 2024 ANI PM Modi and President Joe Biden, Representational image (image credit: Mint) Facebook Twitter Telegram Email WhatsApp 1 Highlighting the robust nature of the India-US relationship, Mukesh Aghi, President and CEO of the US-India Strategic Partnership Forum (USISPF), underscored that trade between the two nations has exceeded USD 200 billion.

Aghi emphasized collaborative efforts in areas such as engines, quantum computing, artificial intelligence (AI), cybersecurity, and space partnerships. “The relationship between India and the US is very strong. From a trade perspective, we already crossed USD 200 billion in trade,” he said.

“We are seeing a lot of effort happening, engines, on quantum computing, AI, cyber security, partnerships in space…,” he added. “We’re seeing a substantial amount of collaboration and cooperation taking place between the two countries,” he said. Discussing the India-United States Trade Policy Forum, Aghi noted a shift in its character and posture, moving away from contentious issues.

He said that discussions are now focused on improving trade, removing impediments, and exploring possibilities for lowering tariffs, rather than getting bogged down by specific trade disputes. “The character and posture of trade policy forum has changed. It is no more contentious… We had six cases between the two countries in WTO, and they went away.

You have political limitations on the US side because it can’t do a FTA. So there were discussions exploring how do you improve trade, remove impediments between the two countries, how do you explore lowering the tariffs. The discussion was what are the possibilities? Rather than getting stuck on raspberries and strawberries between the two countries,” he added.

Further, he was asked about any potential prospects for a Free Trade Agreement (FTA) between the two countries, to which, Aghi pointed out US administration’s lack of FTAs with any country and political limitations in the US. “I think it’s difficult because the Biden administration has not done any Free trade agreement with any country. I know India can move very fast in that direction but political limitations in the US do not allow them to have that discussion,” he said.

Moreover, USISPF President Aghi discussed India-US Supply chain momentum and emphasised that companies are moving production to India, adding that 100 million people are affluent Indians and their purchasing power also creates a market opportunity for these companies. He further highlighted that India becomes pivotal for their strategy as they have been seeing increased harassment of US companies in China and they want to be able to supply efficient goods, hence, companies are moving production to India. “It is in the interest of the US companies to protect its assets and supply chain.

What we are seeing is increased harassment of US companies in China. They want to be able to supply goods which are efficient and effective, so India becomes pivotal for their strategy… Gradually, companies are moving production into India. It’s not just about the supply chain, it’s also about trying to leverage the growing Indian market… 100 million people are affluent Indians… Their purchasing power also creates a market opportunity for these companies.

So it is also supply chain and market opportunity which attracts these companies,” he said. Furthermore, underscoring the Vibrant Gujarat Summit that happened recently, Aghi emphasised that it should be called Vibrant India and not Vibrant Gujarat anymore. Noting that the US companies are excited about India, the market opportunity and also the de-risking supply chain from China, he said, “so for us, Vibrant Gujarat was very important…You don’t have to call it vibrant Gujarat anymore.

You have to call it Vibrant India because you have over 100,000 people participating and 18 political leaderships coming down to the event. ” (This news report is published from a syndicated feed. Except for the headline, the content has not been written or edited by OpIndia staff) Support Us Whether NDTV or ‘The Wire’, they never have to worry about funds.

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com/ ANI (Asian News International) is South Asia’s leading Multimedia News Agency. Share on : Click to share on Facebook (Opens in new window) Click to share on Twitter (Opens in new window) Click to share on Koo (Opens in new window) Click to share on Reddit (Opens in new window) Click to share on Telegram (Opens in new window) Click to share on WhatsApp (Opens in new window) Related Articles Trending now News Reports Controversial Urdu poet Munawwar Rana dies at 71 after prolonged illness OpIndia Staff – 15 January, 2024 It was alleged a few years ago that one of Rana’s most highly-acclaimed poems was stolen from Hindi poet Alok Srivastava. News Reports ‘Branding Business houses as anti-national, fostering caste divisions and creating North-South divide’: Milind Deora lambasts Congress in letter explaining reasons for quitting party OpIndia Staff – 14 January, 2024 In a scathing criticism of the current leadership of the Congress party, Milind Deora pointed out that the party is creating a division on caste and an artificial North-South divide.

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