US-India Commercial Dialogue focuses on economic engagement of both countries

On Friday, March 10, U.S. Secretary of Commerce Gina Raimondo and Indian Minister of Commerce and Industry Piyush Goyal co-hosted the U.S. India Commercial Dialogue. During the Commercial Dialogue, the Secretary and Minister discussed the Dialogue’s four priority areas for engagement: (1) supply chain resilience; (2) enhancing climate and clean technology cooperation; (3) advancing inclusive digital trade; and (4) facilitating post-pandemic economic recovery, especially for small- and medium-sized businesses. They also discussed ways to demonstrate both countries’ shared commitment to growing the economic and commercial relationship. Secretary Raimondo and Minister Goyal also signed a Memorandum of Understanding on Semiconductors to advance U.S.-India cooperation in this critical sector. 

Additionally, Secretary Raimondo and Minister Goyal hosted the U.S.-India CEO Forum meeting, which is another critical mechanism through which the United States and India can work together to drive forward the bilateral commercial relationship. During the event, the Secretary and Minister engaged with U.S. and Indian CEOs to discuss how to strengthen US and India commercial ties. 

U.S.-India CEO Forum U.S. Section Participants 

  • James Taiclet, Chairman, President, and CEO, Lockheed Martin Corporation 
  • Chirag Patel, Co-Founder, Co-CEO and President, Amneal Pharmaceuticals, Inc. 
  • Venkatesh Sharma, Executive Chairman, Aquatech International, LLC 
  • Punit Renjen, Global CEO Emeritus, Deloitte Touche Tohmatsu Limited 
  • Ashish Masih, CEO and President, Encore Capital Group 
  • Rajesh Subramaniam, President and CEO, FedEx Corporation 
  • Michael Miebach, CEO, MasterCard 
  • Judith Marks, Chair, CEO, and President, Otis Worldwide Corporation 
  • Jennifer Scanlon, President and CEO, UL Solutions, Inc. 

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