John Chambers, executive chairman, Cisco, and chairman, U.S.-India Strategic Partnership Forum says, "While India has long been an important global market, never before has it attracted so much enthusiasm from the American business community." Chambers attributes India's economic transformation, from "slow follower to fast innovator in a matter of several...
Mattis Describes India as a Force for Stability
Defense Secretary James Mattis, who met India's Prime Minister Narendra Modi, Defense Minister Nirmala Sitharaman and National Security Adviser Ajit Doval during his visit to India end September said, "They [India] are a force for stability in South Asia. They're a force for stability in the Indo-Pacific region. They're a...
Chinese Group Expects India to Overtake China in Innovation by 2025
According to China's Science Technology Exchange Center, India's innovation growth rate will rise significantly over the next 15 years, and come close to surpassing China. "It is predicted that the innovation competitiveness of India will see a significant rise with its growth rate probably surpassing China between 2025-2030," the independent...
Nirmala Sitharaman Is India's First Woman Full-Time Defense Minister
On September 3, Nirmala Sitharaman, who served as Minister for Commerce and Industry, was chosen for the biggest promotion in Prime Minister Narendra Modi's cabinet reshuffle on the weekend, and was given independent charge of the Defense Ministry. Former Prime Minister Indira Gandhi was the first woman to hold this...
India, U.S. Shift Bilateral Ties to a Higher Strategic Plane
The existing India-U.S. Strategic and Commercial Dialogue, once described by the U.S. State Department as the "signature mechanism for advancing the United States' and India's shared priorities," will be replaced by a dialogue in which the foreign and defense ministers will participate. The new dialogue format will involve the Indian...
First American Crude Oil Shipped to India
The first shipment of two million barrels of American crude oil costing $100 million will reach India in the last week of September, opening a new chapter in trade between India and the U.S. This consignment is a fraction of India's $70 billion oil import bill for 2016-17. Given the...