Nasscom Forum: Strengthening US-India Tech Ties for a Prosperous Future

The Nasscom US CEO Forum recently gathered in Washington, DC, to discuss the evolution of technology and trade relations between India and the United States. The meeting aimed to support a bilateral trade target of $500 billion, aligning with the recent trade agreement between the two countries.

According to a statement released by Nasscom, Indian technology firms are instrumental in the growth of the US economy, contributing $103 billion to the country's GDP. These companies are responsible for creating over half a million jobs across 25 states.

Discussions focused on collaboration within the AI value chain, emphasizing India's potential in silicon design and advanced platforms. Energy security was highlighted as a strategic priority, with the US increasing AI-capacity and India integrating green energy solutions. Key political figures such as Senator Ron Wyden and Deputy US Trade Representative Ambassador Rick Switzer were also involved in the dialogue.