International Relations

US-INDIA STRATEGIC PARTNERSHIP FORUM (USISPF)

Written by Talent KAS

News

  • The members of US India Strategic Partnership Forum (USISPF) called on Prime Minister Narendra Modi in New Delhi. The delegation was led by Mr. John Chambers, Chairman of USISPF.
  • Key points of the discussion with PM included the country’s start-up ecosystem, government initiatives to promote innovation, and steps that the government has taken to improve the ease of doing business in India.
  • The delegation presented PM Modi with three USISPF reports, on U.S.-India bilateral trade, high-tech manufacturing, and coal gasification.

About USISPF

  • It is a non-profit organization established in 2017.
  • The primary objective of the forum is to strengthen the India-US bilateral and strategic partnership through policy advocacy in the fields of economic growth, entrepreneurship, employment-creation, and innovation.
  • USISPF will engage with both US- and India-based companies through its 13 sector-specific committees, focusing on advancing, through advocacy, prosperity for all in both countries.
  • Advocacy initiatives include tracking opportunities at the state and federal level, identifying new avenues for investment, and deepening engagement with stakeholders.
  • It is Headquartered in Washington DC

Significance

  • According to USISPF estimates, India-US bilateral trade is projected to grow to 238 billion dollars by 2025.
  • The assessment underscores the pathways for growth and economic opportunities in bilateral ties by highlighting current trends.
  • Sectors like defence trade, commercial aircraft, oil and LNG, coal, machinery and electronics are areas of potential growth in US investments and commerce into India.
  • Indian industry has an opportunity to promote automotive, pharmaceuticals, seafood, IT and travel services to the US market.

Second Annual India Leadership Summit

  • It was hosted by US India Strategic and Partnership Forum (USISPF) with the themePartners of Growth“.
  • Top leaders and corporate executives from India and the US gathered in New Delhi on October 21, 2019 for a day-long brain storming session on trade and geo-politics, as a part of the summit.
  • Over 300 influential and powerful people from India and the US joined the summit.
  • The summit focussed on the immense potential that the US-India relationship has in areas beyond trade including sustainability, security, energy access and innovation.

[Source: Livemint, usispf.org] 

 

About the author

Talent KAS