The progressive reforms undertaken by India have encouraged foreign original equipment manufacturers (OEMs) to establish their presence in the country, defence Minister Rajnath Singh said during an interaction with the senior leadership of US defence companies on Saturday.
The Defence Minister touched on the evolution of the US-India defence relationship, its phenomenal growth, and how the defence sector and investments from American companies will play a central part in India's growth story and vision 2047.
Commending the Union Budget 2024, Mukesh Aghi, President and CEO of the US-India Strategic Partnership Forum, said that it is a pretty balanced budget, focused on job creation.
Noting the aggressive posture of China, Mukesh Aghi, President and CEO of the US-India Strategic Partnership Forum, said that India and the United States are aligned because of the growing threat of China, adding that both countries need each other to deal with Chinese aggression.
The US-India Strategic Partnership Forum (USISPF) commended Union Budget 2024, and said that the inaugural budget of Modi 3.0 supports both consumers at home and foreign investors with steps to enhance the ease of doing business in India.
"In its first year, INDUS-X has advanced both countries' commitment to build a defence innovation bridge under the initiative on Critical and Emerging Technology (iCET)," read a release from US Department of Defence.
The USISPF's Annual Leadership Summit is the most prestigious US-India gathering in Washington, D.C., bringing together a distinguished cohort of eminent individuals, from policymakers to prominent business leaders, high-ranking political figures, senior officials, and key stakeholders fr
"The Board of the US-India Strategic Partnership Forum (USISPF) congratulates the National Democratic Alliance (NDA) on a historic third consecutive term in the 2024 Lok Sabha General Elections," the USISPF said in a statement.
The US-India Strategic Partnership Forum congratulated India and the Department of Space for permitting 100 per cent Foreign Direct Investment (FDI) in all three sectors of space manufacturing.
New Delhi [India], April 9: The US-India Tax Forum, an initiative of the US-India Strategic Partnership Forum (USISPF) is pleased to announce the appointment of Tarun Bajaj, the former Revenue Secretary and former Secretary of Economic Affairs to the Government of India as the head of the Fo