India-US Economic Partnership | DD India

and moving on bilateral economic partnership has taken the center stage as Indian Prime Minister Narendra Modi visits the US did India shabed go gets us more on this from New York Prime Minister Narendra Modi is on a 3-day visit to the United States PM's visit is expected to give new momentum to India US economic ties particularly in the domain of critical and emerging Technologies on Sunday prime minister will interact with top American CEOs in New York trade relationship between India are geopolitically aligned uh tactically they are important but more important you have to understand as

the stress point goes up between us and China the drisking of supply chain becomes critical for us companies and that's where India becomes very very critical uh in trying to bring in much more stable supply chain from India into the US US is the largest trading partner of India with overall bilateral trade of over $190 billion in 2023 during Financial year 2324 us was the third largest source of FDI into India with inflows of $4.99 billion accounting for almost 9% of total FDI Equity INF flows many Indian companies are investing in the US according to

a recent study 163 Indian companies invested over $40 billion in the US and created over 400,000 direct jobs Beyond economics us India partnership is strengthened by Deep peop to- people connections the Indian diaspora in the United States plays a crucial role in fostering cultural and business exchanges the economic relationship between India and the United States has has entered a new era of strategic importance with deepening cooperation in critical sectors such as technology and defense prime minister modi's us visit is expected to bring greater Synergy between the two Dynamic economies shindu Goos for DD India in

New York