The State Visit of Prime Minister Narendra Modi, at the invitation of President Joe Biden, marks a significant moment in the relationship between the United States and India. Atul Keshap, President of the US-India Business Council (USIBC), recognizes the importance of this visit in shaping the future of both countries.
Keshap emphasizes the rarity and prestige of State Visits between the United States and India, with this being only the third occurrence in their diplomatic history. This visit serves as a powerful symbol of the strong bond and close friendship between the two nations.
This visit serves as a powerful symbol of the strong bond and close friendship between the two nations.
Anticipating the visit, Keshap expresses optimism about the impact on various sectors, including strategic, economic, and technological collaborations. He highlights the potential for enhanced trade, increased investment, and the strengthening of bilateral relations in key industries such as energy, semiconductors, digital economy, and defense.
Keshap also underlines the importance of a robust defense industry, emphasizing that collaboration between American and Indian companies in this field will contribute to deterrence and ensure peace and security. He announces a unique initiative, the “wedding mela,” which aims to foster partnerships between defense startup enterprises from both nations.
Furthermore, Keshap emphasizes the significance of treating American companies fairly and equally, providing them with predictability and a level playing field when doing business. He acknowledges that Indian companies also value favorable conditions for investment in the United States.
Overall, the State Visit of Prime Minister Modi signifies a momentous occasion for strengthening ties, promoting trade, and fostering collaboration between the United States and India across various sectors.
