'H1B visa is now a thing of the past', Union Minister Piyush Goyal talks about India-US relations

H1B Visa: In a meeting with CEOs in the US, the Union Minister discussed the reforms done by the Modi government, increasing foreign investment in India, especially increasing investment in the pharmaceutical and diamond sector.

Sun, 20 Oct 2024 03:51 PM (IST)
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'H1B visa is now a thing of the past', Union Minister Piyush Goyal talks about India-US relations
'H1B visa is now a thing of the past', Union Minister Piyush Goyal talks about India-US relations

Harping on relations with America, Union Commerce and Industry Minister Piyush Goyal has said that discussion on H1B visas is a thing of the past in the relation between India and the US. Gracing a meeting at Vanijya Bhavan in New Delhi, he said the main theme of relations between India and America now includes economic and strategic partnership. Piyush Goyal has recently returned from a visit to America. Piyush Goyal, during his two-day visit to America, met CEOs in New York City.

At a meeting with CEOs in the US, the Union Minister discussed the Modi government reforms and growing foreign investment in India, laying extra emphasis on increasing investments in the pharmaceuticals and the diamond industry. Surat is a major hub for India's diamond industry. In such a situation, foreign investment for Surat also came up for discussion. During his US tour, Piyush Goyal met around 30 business leaders based there. During the US visit, Piyush Goyal also visited Washington and held a meeting with 17 CEOs of the CEO Forum. Restructuring of the forum was in discussion during this meeting. Various MoUs were also signed during the US visit of Piyush Goyal.

During his US visit, Piyush Goyal also met with small and medium-scale industries, think tanks, teachers, and the Center for Strategic and International Studies. As Goyal said, "There wasn't any negative agenda in my meetings, there was a talk about the strengthening of the relations between the two countries.". The two leaders also discussed other possible partnerships between the two countries in important areas, including clean energy development, technology transfer, digital telecommunications, and defense. Also, there was discussion about laying down a stable exchange rate between the Indian rupee and the US dollar, making bilateral trade profitable for both countries.

Muskan Kumawat Journalist & Writer