14-12-2023 02:45 PM | Source: Accord Fintech
Relationship between India and US moved in positive direction: USISPF`s Mukesh Aghi
News By Tags | #India #Economy #US

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Mukesh Aghi, CEO of the US-India Strategic and Partnership Forum (USISPF) has said that the relationship between India and the US has moved in a positive direction ranging from trade to defence and the two nations have shown a sense of deep understating of each other's differences. He also said that there is more alignment between the two countries when it is looked at from the geopolitical QUAD perspective.

He said ‘what I see is that 2023 is a year of highlights between two countries. More important is that both countries have settled down; there is a sense of maturity, there is a sense of deep understanding of each other's differences, and there's a way to manage the differences and also respect each other's position from that perspective.’ 

He further said the US companies are investing more and more in India. They are exploring how to de-risk from China. They're exploring how to gather the growing market in India and capture the market share itself. Both from a de-risking perspective and market opportunity, US companies are spending more and more in India to be able to position themselves in the medium and long term. Aghi said he would like to have a stable government which has an agenda to become more transparent in the policymaking, basically approving the investments, and approving the trade going up.