Indo-US bilateral trade set to grow

KOCHI: The Indo- US bilateral trade has untapped potential to reach much more than the $125 billion achieved last year, according to Robert G Burgess, US consul general.

“Make in India and making in the US can be complementary and need not be exclusive,” he said at the golden jubilee celebrations of Indo-American Chamber of Commerce (IACC) conducted by the Kerala branch.

There can be cooperation and shared vision for India and the US in the economic front. “The US is looking to invest in the Indo-Pacific region while the Indian companies can expand to the US and get closer to the consumers,” he said.

Kerala, he said, will benefit in the years to come with the expanding relations in trade and investment between the US and India. Burgess pointed out the recent visit of chief minister and a team to the US to explore partnerships in the field of health research as a significant step in the direction.

James M Flucker, commercial consul, US Consulate, Chennai, said twenty years ago US saw Mumbai and Delhi as the centres of activities. But now the focus has shifted to southern centres like Bengaluru and Chennai.

IACC, Kerala branch chairman P Ravindranath said as part of the special initiatives during the golden jubilee year, a one-day conclave of all the major industry sectors in Kerala will be held.

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