September 24, 2021

The World Stock Markets Tips & Targets, News, Views & Updates

The World Stock Markets Tips & Targets, News, Views & Updates

India, US bilateral trade projected to reach $500 bn by 2025: Gadkari

Union Minister for Road Transport and Highways said on Tuesday that the bilateral trade between India and the US has grown from $16 billion to $ 149 billion in the last two decades.

Gadkari said, “The trade is projected to reach $500 billion by 2025.”

Addressing the 17th Indo US Economic Summit ‘Bouncing Back-Resilient Recovery Path Post Covid-19’, he said, “I strongly believe that two countries – India and the US – have an important role to play post-Covid economic recovery. There should be informed discussion at the various levels since the recovery needs new ideas and approaches. Since the global depression that has happened in the 1920s, the current situation is the biggest challenge that mankind has ever faced.”

He added, “We need a new thought process and a creative agenda to view a new pathway to recovery. World largest vaccination drive is running in the country to make pandemic-free India.”

Gadkari added, “I sincerely hope that more & more US investors will invest in road & highway projects in India which is a gold mine for all stakeholders. They have a tremendous opportunity for investment in the road infrastructure.”

He also asked the US investors, particularly insurance and pension funds, to invest in India’s road and highway infrastructure.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Share This :