Indo-US trade to surpass $145 bn in 2021: US consul general in Chennai

She was addressing the India-US Tech Conclave at the Summit.

She said the growth in Indo-US economic ties had been extraordinary and the 2021 data indicated a strong rebound, adding, if this trend continues, the countries would be on track to exceed 2019 numbers. Bengaluru is one of the top beneficiaries of US foreign direct investment, she said.

The consul general said Prime Minister Narendra Modi met President Joe Biden in September in Washington, DC, to confirm collaboration and commitments to the Indo-Pacific region.

“Since that visit, special presidential envoy for climate John Kerry and deputy secretary of state Wendy Sherman have come to India to continue these important discussions in advancing a range of initiatives,” she was quoted as saying by Indian media reports. This would go a long way in cementing ties between the two countries, she said.

“When it comes to business, there is no stronger partner to India than the United States.  We believe that India’s economic strength is not just in India’s interest, but in the interest of the United States, the region, and the world,” she added.

ALCHEMPro News Desk (DS)