Union Minister for Road Transport and Highways Nitin Gadkari mentioned on Tuesday that the bilateral commerce between India and the US has grown from $16 billion to $149 billion within the final 20 years.
He mentioned, “The commerce is projected to achieve $500 billion by 2025.”
Addressing the seventeenth Indo US Economic Summit ”Bouncing Back-Resilient Recovery Path Post COVID-19”, he mentioned, “I strongly imagine that two international locations – India and the US – have an vital function to play post-COVID financial restoration. There must be knowledgeable dialogue on the numerous ranges for the reason that restoration wants with new concepts and approaches. Since the worldwide despair that has occurred within the Twenties, the present state of affairs is the largest problem that mankind has ever confronted.”
He added, “We want a brand new thought course of and a inventive agenda to view a brand new pathway to restoration. World largest vaccination drive is working within the nation to make pandemic-free India.”
He added, “I sincerely hope that extra & extra US buyers will spend money on street & freeway tasks in India which is a gold mine for all stakeholders. They have an amazing alternative for funding within the street infrastructure.”
He additionally requested the US buyers, significantly insurance coverage and pension funds, to spend money on India’s street and freeway infrastructure.
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