Important agreement between US-India on PM Modi's American tour, the impact on India's economy will be seen in this
PM Modi's American tour remained in international headlines this time. During this, many such agreements have been signed through which India's economy will get big support. This includes the announcement of Tesla's arrival in India by Elon Musk, the jet engine deal, and the investment of billions of dollars by Google and Amazon.
Prime Minister Narendra Modi's US visit was in the headlines. On this tour, Prime Minister Modi met Elon Musk, Sundar Pichai, and many other big American personalities apart from President Biden. During this, many such deals have taken place, whose direct impact will be seen on the economy of India in the coming times.
America's General Electric has tied up with India's Hindustan Aeronautics Limited (HAL) to manufacture F414 engines. Under this, HAL will make this engine in India with the help of General Electric and technology transfer will also take place for it. With this, we will soon get to see Made in India jet engines in indigenous fighter aircraft Tejas.
To promote digitalization, Google and Amazon will make increased investments in India in the coming times. After meeting PM Modi, Sundar Pichai said that Google will invest $ 10 billion to promote digitalization in India. For this, it will also set up its fintech center in GIFT City, Gujarat.
Amazon CEO Andrew Jesse said after the meeting with PM Modi that Amazon is planning to invest $ 15 billion in India in the coming days.
American company Micron Technology has announced an investment of $825 million to set up a semiconductor plant in Gujarat. A total investment of $2.75 billion will be made in this plant. In this, 50 percent investment will be done by the Government of India and 20 percent investment by the Government of Gujarat.
After meeting PM Modi on behalf of Elon Musk, it was announced that Tesla will definitely be in India and he is also planning to come to India next year.
