India-US Partnership ‘MEGA’ Force for Global Prosperity: PM Modi

Addressing the media, PM Modi expressed gratitude for President Trump’s leadership in strengthening bilateral ties and emphasized mutual goals for economic and technological cooperation.

PM Modi’s Address:

Economic and Trade Cooperation

• India and the US aim to double bilateral trade to $500 billion by 2030.
• A mutually beneficial trade agreement is under discussion.
• Plans to strengthen energy security through increased trade in oil, gas, and nuclear energy, including cooperation on Small Modular Reactors.

Defense and Security Ties

• PM Modi acknowledged America’s crucial role in India’s defense preparedness.
• Plans for joint development, production, and technology transfer in the defense sector.
• The launch of the Autonomous Systems Industry Alliance and a Defence Cooperation Framework for the next decade.

Technological Advancements

• Emphasis on collaboration in AI, semiconductors, quantum computing, and biotechnology.
• Agreement on TRUST (Transforming Relationship Utilizing Strategic Technology) to build strong supply chains for critical minerals, pharmaceuticals, and advanced materials.
• India-US space collaboration to advance with the NISAR satellite launch.

Indo-Pacific & Global Stability

• Strengthened commitment to peace and stability in the Indo-Pacific region.
• Greater engagement through Quad, IMEC, and I2U2 initiatives.
• Joint efforts to combat cross-border terrorism, with the US agreeing to extradite a 2008 Mumbai attack suspect to India.

Strengthening People-to-People Ties

• India to open new consulates in Los Angeles and Boston.
• Encouragement for US universities to establish offshore campuses in India.

PM Modi concluded by inviting President Trump to visit India, recalling his 2020 visit as a symbol of strong India-US ties. The joint press conference marked a reaffirmation of shared democratic values and a vision for a prosperous future through cooperation.