On Wednesday November 9, 2022, U.S. Secretary of Commerce Gina Raimondo and India’s Minister of Commerce and Industry Piyush Goyal officially launched the U.S.-India CEO Forum.
They were joined by the Forum’s Private Sector Co-Chairs James Taiclet (Chairman, President, and CEO, Lockheed Martin Corporation) and Natarajan Chandrasekaran (Chairman, Tata Sons), as well as other members of the U.S. and Indian CEO sections.
During the meeting, Secretary Raimondo and Minister Goyal shared their priorities for the bilateral relationship with the members. The leads for each of the Forum’s seven working groups shared their strategic outlook for their term of service. The Secretary and Minister also announced their intent to hold an in-person meeting in early 2023.
Trade experts believe that the trend of increasing bilateral trade with the U.S. will continue in the coming years as New Delhi and Washington are engaged in further strengthening the economic ties
The launch of the U.S.-India CEO Forum took place ahead of the visit of U.S. Treasury Secretary Janet Yellen who traveled to New Delhi to participate in the US-India Economic and Financial Partnership on November 11.