US is India’s preferred trade partner in journey to be $5 tn economy: Envoy

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America is India’s preferred trade and business partner in its journey to become a USD 5 trillion economy by 2024, the country’s new envoy to the US Taranjit Singh Sandhu has said.

Addressing a gathering of American business community at a reception hosted in his honour by US-India Strategic and Partnership Forum on Friday, Sandhu said that the potential for cooperation between the United States and India is limitless.

He said that Prime Minister Narendra Modi has set the goal for India to grow from a USD 3 trillion economy today to a USD 5 trillion economy by 2024 and a USD 10 trillion economy by 2030.

“In this journey, Prime Minister Modi has made it clear that the US is a preferred partner for trade and business,” said the country’s new ambassador to the US.

“The relations between our governments has found a new momentum, getting its energy from the warm friendship between our leaders.

US President (Donald Trump) and our Prime Minister (Modi) have met four times last year,” he said.

Daily Pioneer
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