India-US Partnership: Key Developments Around PM Modi's State Visit
Indian Prime Minister Narendra Modi just concluded his first state visit to the US. We discuss key developments in the India-US partnership.
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Indian Prime Minister Narendra Modi just concluded his first state visit to the US. We discuss key developments in the India-US partnership.
The Minister of State for Electronics and IT termed the announcements by Micron Technology, Applied Materials and Lam Research as a "significant and meaningful milestone" and "central piece" in the growth semiconductor ecosystem in the country.
While the China challenge can be a catalysing factor, there is enough in the bilateral opportunities to sustain the partnership in an enduring way. US companies have invested $54 billion in India creating one million direct jobs. Indian companies have invested more that $40 billion in the US creating more than 425,000 jobs
India and US have signed multiple pacts to push bilateral commerce
Biden and Modi emphasised on the need to put in place a 'Trusted Network' and 'Trusted Sources' bilateral framework