Communication
Annual Report
Annual Report 2023-24
The U.S-India economic relationship is poised on the cusp of a transformative era, with a shared vision and commitment to advancing prosperity, innovation, and collaboration. India stands on the threshold of becoming the world’s third-largest economy, a milestone that underscores its robust growth trajectory, immense potential, and entrepreneurial spirit. Over the past year, we have witnessed unprecedented levels of engagement and collaboration across various sectors, including technology, manufacturing, healthcare, energy, and education with American businesses continuing to embrace opportunities within India and contributing to its growth story.
Annual Report 2022-23
The year 2022 was ‘a momentous year’ for U.S.-India relations, as the two nations celebrated 75 years of diplomatic relations. The intensity of high-level government-to-government engagements has been instrumental in further strengthening the multifaceted ties between the two countries. The U.S.-India relationship has expanded in almost every conceivable dimension — political, diplomatic, economic, and military. This relationship has proved resilient amid the changes in international politics that are underway. The U.S.-India economic partnership has continued to mature in recent years, with the U.S. emerging as India’s largest trading partnerduring 2022-23. This collaboration is anticipated to grow stronger as India assumes the G20 presidency for 2023, with a focus on advancing technology, innovation, resilient supply chains, and inclusive and sustainable goals.
Annual Report 2021-22
U.S.-India bilateral relations have developed into a “global strategic partnership” based on shared democratic values and increasing convergence of interests on bilateral, regional and global issues. Regular exchanges of high-level political visits have provided sustained momentum to bilateral cooperation, while the wide-ranging and ever-expanding dialogue architecture has established a long-term framework for U.S.-India engagement.
Annual Report 2020-21
U.S.-India relations in 2020-2021 have emerged stronger through the pandemic and now look towards a new U.S. administration. Over the years, the bilateral relationship has become increasingly multifaceted, covering cooperation in the areas of healthcare, defense, trade, space, science and technology, nuclear energy, and climate and environment.
Annual Report 2019-20
India-U.S. relations are thriving against the odds and remain critical for the shaping of world order in the 21st century. The India-U.S. relationship has proved resilient amid the immense changes underway in international politics.
Annual Report 2018-19
India-U.S. relations are thriving against the odds and remain critical for the shaping of world order in the 21st century. The India-U.S. relationship has proved resilient amid the immense changes underway in international politics.
Annual Report 2017-18
The world economy has been showing signs of growth notwithstanding the rising trade protectionism and financial market volatility. The Indian economy, on the other hand, continues to be one of the fastest-growing. In the last 3 to 4 years, the Indian government has unveiled a string of reforms including two big bang reforms like the GST and demonetization which allowed the Indian economy to move into a cashless economy.
Annual Report 2016-17
The world economy has been showing signs of growth notwithstanding the rising trade protectionism and financial market volatility. The Indian economy, on the other hand, continues to be one of the fastest-growing. In the last 3 to 4 years, the Indian government has unveiled a string of reforms including two big bang reforms like the GST and demonetization which allowed the Indian economy to move into a cashless economy.
Annual Report 2015-16
The year 2015 – 16 saw a tremendous amount of activity from the Government of India in both establishing a progressive agenda accelerating some of the prior years program.
Annual Report 2014-15
The ‘Make in India’ campaign aims to revitalize the country’s manufacturing sector and make India an attractive destination for global manufacturing.
Annual Report 2013-14
Indo – U.S. trade in goods and services has grown rapidly in the past five years and today exceeds U.S. $ 100bn. U.S. investments in India are in the region of U.S. $ 11 bn and they form about 6% of the total FDI inflows into India.
Annual Report 2012-13
Slowing down of the reform process, uncertainties created by retrospective tax amendments, lack of transparency, and undue delays in granting clearances to projects, compounded by weak global demand resulted in unsatisfactory economic growth rates in India.
Annual Report 2011-12
In the energy Sector, India and the U.S. are working closely particularly in the area of providing clean energy technology.The other areas in which cooperation has taken off include space and security.
Annual Report 2010-11
During this visit, President Obama and Prime Minister Manmohan Singh sealed several new partnerships with a special focus on business and economic ties.
Annual Report 2009-10
The Indian economy continues to be on the path of fast recovery. The economy is likely to register a growth of 7.2 percent in 2009-2010 and around 8 percent in 2010-11.
