Pune (Voice News Service): Commenting on the recent visit of Hon’ble Prime Minister Shri Narendra Modi’s to the US, FICCI President, Mr Subhrakant Panda said, “Our 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. The cooperation between the US Small Business Administration and India’s MSME Ministry will also be very beneficial for Indian entrepreneurs. This is the start of a new era in US-India relationship where there is mutual trust and convergence of views on strategic issues. This will benefit not just the two nations but the world at large.”
Mr Shailesh K Pathak, Secretary General, FICCI said, “The visit of the Prime Minister to the US is a successful visit especially from the business perspective. FICCI is delighted with some specific achievements out of the visit. Under the Initiative on Critical and Emerging Technologies (iCET), we already have agreements on defence, space, and semiconductors. Now that government has paved the way, the private sector will rise and partner with American and Indian companies. The movement of professionals, renewal of H1B visa and increase in visa offices will help the tech industry. We have managed to settle the WTO disputes bilaterally which is a healthy sign.”
Sulajja Firodia Motwani, Chair, FICCI Maharashtra State Council said that “FICCI hails India-USA joint statement which amongst other important areas emphasized the need for decarbonizing the transportation sector, including accelerating the deployment of zero-emissions vehicles, continued collaboration to promote public and private financing for electric transportation, and the development of biofuels, including sustainable aviation fuels.
Being a leader in the EV space, she further added that, It is also encouraging for the EV industry to see that the United State and India Plan to create a Payment security mechanism that will facilitate the deployment of 10,000 Made-in-India electric buses in India. This is Indeed a historic agreement for the Indian EV Industry that would not only catalyse India’s efforts in reducing greenhouse emissions but also help to promote local manufacturing base for EV.”
