India and the United States are strengthening their partnership to become self-reliant in critical minerals, bolster supply chains, and advance technological cooperation, according to Union Minister of Commerce & Industry Piyush Goyal.
Speaking at the US-India Business Council’s (USIBC) 49th Annual General Meeting in New Delhi on Sept.11, Goyal emphasized the significance of the two nations working together in areas crucial to global economic stability and innovation.
Minister @PiyushGoyal addressed the 49th Annual General Meeting of the U.S.-India Business Council (@USIBC).
— Piyush Goyal Office (@PiyushGoyalOffc) September 11, 2024
He highlighted the potential for enhanced collaboration in areas such as supply chain resilience, cutting-edge technology and critical minerals by leveraging each… pic.twitter.com/mKUtTf99ol
“India and the US share a strategic and consequential relationship, with common interests in bilateral and geopolitical matters,” Goyal said, highlighting the importance of collaboration in emerging technologies, particularly in artificial intelligence and critical minerals, which are essential for the future of both countries.
Paying tribute to the victims of the 9/11 attacks, Goyal highlighted the importance of a united global effort against terrorism. “The attack on the World Trade Center serves as a reminder of the ever-present threat of terrorism. India has been dealing with cross-border terrorism for decades, and we must collectively denounce such acts, along with divisive tendencies and false propaganda,” he remarked.
Goyal also underscored Prime Minister Narendra Modi’s "Reform-Perform-Transform" agenda, noting its role in driving India's growth. He urged international businesses to share their positive experiences of working in India, citing recent reforms as instrumental in the country’s transformation.
Referencing Swami Vivekananda’s historic speech delivered in Chicago in 1893, Goyal said the themes of partnership and prosperity between nations remain relevant today. "The principles of universal tolerance and harmony are critical as we work towards a more collaborative and peaceful global environment," he concluded.
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