ENA Global 2023-01-25 07:18:22 <p><span style="font-size:14px"><strong>New Delhi, Jan 25 (KNN)</strong> The United States (US) is fully supportive of Indias vision to make its domestic manufacturing sector vibrant, said Arun Venkataraman, US Assistant Secretary of State, Global Markets in an exclusive interview for TV9 Networks Leaders Of Global Bharat series.</span></p> <p><span style="font-size:14px"><strong><a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a></strong></span></p> <p><span style="font-size:14px">He asserted that the India-US collaboration will grow very quickly as US is supportive of Indian governments effort to create a strong manufacturing sector. </span></p> <p><span style="font-size:14px">The key area of collaboration is Indias high stake semi-conductor quest, said Venkataraman as the global industry aims to alleviate the rampant chip shortage.</span></p> <p><span style="font-size:14px">In an exclusive interview for TV9 Networks Leaders Of Global Bharat series, the Coimbatore-born business leader, during his visit to India last week said, So as much as we have a history of potential that has been unfulfilled Im actually quite confident that we are now at a moment where that trajectory is not just going up but the slope will be significantly different and will grow much more quickly.</span></p> <p><span style="font-size:14px">Highlighting the slow progress of the Generalized System of Preferences (GSP) pitch by India, he said, I want to emphasise that the vast majority of trade that happens between our two countries falls well outside of the GSP scheme and all of the work that we are doing between our two governments is really designed to promote that growth.</span></p> <p><span style="font-size:14px">Not assuring a Free Trade Agreement (FTA) proposition, Venkataraman said, I want to emphasise that a free trading agreement is one avenue but lets remember that we are doing so much engagement in ways that are solving problems that are going to facilitate trade. <em><strong>(KNN Bureau)</strong></em></span></p> 32063 https://knnindia.co.in/news/newsdetails/global/us-official-voices-support-to-make-india-strong-domestic-manufacturing-hub 2023-01-25 07:18:22 knnindia.co.in