Sunday, November 10, 2024

US-India CEO Discussion board strengthens bilateral commerce and innovation partnership in Washington

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The US-India CEO Discussion board has reaffirmed its dedication to increasing bilateral commerce and commerce, driving inclusive financial development and innovation, and fostering a resilient partnership.

The Discussion board is co-chaired by US Secretary of Commerce Gina Raimondo and Union Minister of Commerce and Business Piyush Goyal.

The sixth version of the Discussion board — a platform that convenes US and Indian enterprise leaders to develop and supply joint suggestions for strengthening bilateral industrial ties and increasing commerce and funding between the 2 nations — was held within the US capital on Wednesday.

Lockheed Martin CEO and president James Taiclet and Tata Sons chairman N Chandrasekaran are the non-public sector co-chairs for 2023-2024.

In the course of the assembly, Raimondo and Goyal appreciated the suggestions made by the Discussion board members over the previous two years and their respective initiatives.

“We additionally mentioned alternatives for US investments in upcoming 20 industrial cities in India to foster mutual development,” he added.

The assembly additionally took inventory of the Discussion board’s accomplishments, together with the launch of the publicly accessible Community for Innovation and Harnessing Investments and Commerce for Inclusive Progress between the USA and India (NIHIT) platform to facilitate on-line information sharing and networking amongst US and Indian startups and small companies.

NIHIT has thus far organised 4 workshops to advertise capability constructing and skilling in cybersecurity, digital applied sciences and AI that was attended by greater than 1,000 startups, small companies and entrepreneurs, a press launch mentioned.     The Discussion board members symbolize 22 US corporations and 25 Indian corporations.


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