Guwahati: Prime Minister Narendra Modi’s visit to the US has been successful with several substantial outcomes in defence acquisitions, technology and investments, said Subhrakant Panda, president of the Federation of Indian Chambers of Commerce and Industry (FICCI).
The cooperation between the US Small Business Administration and India’s Micro Small and Medium Enterprises (MSME) Ministry will also be very beneficial for Indian entrepreneurs, Panda observed.
In a statement, FICCI said it is delighted with some specific achievements during the visit. Under the Initiative on Critical and Emerging Technologies (iCET), we already have agreements on defence, space, and semiconductors.
FICCI informed Business Northeast that Ranjit Barthakur, Chairman, FICCI Northeast Advisory Council said in this context that the landmark visit of Prime Minister, Narendra Modi, to the United States heralds the start of an era of dynamic cooperation between the two nations. The initiation of numerous strategic alliances in the defence, semiconductors, MSMEs and space exploration sectors will go a long way in bolstering Indo – US economic cooperation.
“The Indian Prime Minister’s visit to the United States has been very successful with several substantial outcomes relating to defence acquisitions which will enhance national security, access to critical technology, potential investment in semiconductors, Artemis Accord for space cooperation and settlement of the pending trade disputes,” Panda said.
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