Ravi Kumar, CEO of Cognizant, an American multinational information technology services company headquartered in Teaneck, New Jersey, told CNBC-TV18 that India and the U.S. have been witnessing a remarkable inflection point in their bilateral trade and collaboration. Notably, the trade partnership in manufacturing goods and commodities has surged to an impressive $150 billion, positioning India as a significant eighth or ninth partner for the U.S.
The United States has emerged as the leading partner for tech services, BPO services, and overall services, with India exporting approximately $350 billion worth of services, Ravi Kumar added. Over 55 percent of this export value originates from the U.S., solidifying the deep-rooted ties between the two nations.
In an exclusive roundtable discussion, held at the Congress headquarters in New York, top industry leaders and visionaries from India and the United States convened to discuss the remarkable strides being made in the burgeoning tech partnership between the two nations.
The discussion focused on the evolving landscape of technology-driven collaboration, highlighting three pivotal areas of opportunity:
1. The establishment of global capability centers in India – in addition to the hundreds of centers established by U.S. corporations in India, 300 more are set to emerge within the next three years.
2. The integration of artificial intelligence into technology services and operational landscapes of enterprises – experts predict that India is poised to become the global capital of robotics.
3. The rise of new-age software companies in India – with a current count of approximately 20 unicorns, this number is expected to increase to 100 in the coming years. These companies primarily cater to small and medium-sized U.S. businesses, which make up a staggering 30 million enterprises.
This presents a significant opportunity for Indian software companies to tap into the vast U.S. market, fostering economic growth and creating a robust ecosystem of innovation and entrepreneurship, Kumar noted.
Last updated: December 26th, 2025
