On the bilateral front he said that the civilian nuclear policy was clearly a sign of progress which was done during the President Barack Obama’s term. The other signs of progress included the supply of defense equipment to India, Indo Pacific trade relations, maintenance of peace in the region and preventing China’s economic domination. On the India front, he said that removing FDI caps, reforms in hydro carbon, gas, ensuring an uninterrupted supply chain and supply of critical minerals were some of the noticeable developments. The QUAD initiative has also helped in establishing India’s growing role in the region. He mentioned that investment and trade is on the upswing and the FDI is in the region of $60 billion. While there is a growing debate on Atmanirbar and Make in India policies, the shortage of semiconductors and stress on increase in robotics was still open. The session concluded with a time of Q&A in which Mr. Rossow clarified many questions from members.
By joining AMCHAM India, you become part of an active and dynamic Apex Chamber of U.S. Industry in India with a membership base of more than 400 American companies in India. AMCHAM is an important voice for policy advocacy, a critical source for business intelligence, a vibrant platform for networking and expanding your business.