August 12, 2022
2 mins read

‘US firms in Bengaluru bolstering US-India economic ties’

Lacina acknowledged the immense contributions of over 650 US companies in Bengaluru that employ tens of thousands of Indian citizens…reports Asian Lite News

On her first visit to Bengaluru after assuming charge in September 2021, US Mission India Charge d’Affaires, Patricia Lacina met with business leaders and entrepreneurs to underscore the strong US-India economic and commercial ties.

Lacina acknowledged the immense contributions of over 650 US companies in Bengaluru that employ tens of thousands of Indian citizens in high-standard work environments in the formal sector.

She applauded their immense contribution to the US-India bilateral relationship — not only through their economic ties and investments, but also through corporate social responsibility initiatives and a commitment to the development of employee skills.

“This year, as our two countries commemorate 75 years of diplomatic relations and trusted partnership, we celebrate a US-India partnership defined by US President Joe Biden recently as deep connection between our people – ties of family, of friendship, and of shared values. It is because of these shared values that US and Indian firms work so well together, forging a path for innovation and prosperity.”

Joining her in Bengaluru were US Consul General in Chennai Judith Ravin and Director of the US National Science Foundation (NSF) Dr. Sethuraman Panchanathan.

The NSF Director visited Bengaluru to expand upon the strong partnership within the fields of science and technology. A Chennai native and graduate of the Indian Institute of Science, Panchanathan is in India to announce NSF funding for 35 collaborative research projects between US and Indian university laboratories.

NSF, under the direction of Panchanathan, is tasked with keeping the US at the leading edge of discovery in a wide range of scientific areas.

NSF has recently been the subject of major legislation which, in addition to supporting funding in all areas of basic research, establishes a new directorate for Technology, Innovation, and Partnership to greatly accelerate the translation of research to application.

Panchanathan also gave the Dr. M.A. Govind Rau Founder Memorial Lecture at the Indian Institute of Science (IISc), Bengaluru.

Lacina used the occasion to mark the arrival of the new Counsellor for Commercial Affairs Carey Arun.

Based in Chennai, Arun will oversee the US Commercial Service’s efforts in south India, supporting opportunities for US-India trade and business. The US Commercial Service has offices in Chennai and Bengaluru.

ALSO READ: How Manchin’s crucial vote made him a ‘hero’

Previous Story

CoinSwitch sets up fund to back startups

Next Story

India, Britain trade may double by 2030

Latest from -Top News

Mass Afghan Expulsions from Iran

Between June 18 and June 26, a total of 88,308 undocumented Afghan nationals were forcibly returned from Iran to Afghanistan More than 88,000 undocumented Afghan migrants were deported from Iran in a

Mamdani’s win sparks surge in hate posts

There were at least 127 violent hate-related reports mentioning Mamdani or his campaign in the day after polls closed Anti-Muslim online posts targeting New York City mayoral candidate Zohran Mamdani have surged

NATO Turns to Indo-Pacific

NATO must adapt, not replicate. Engage the IP4, tailor ties with India, and align with Quad–EU efforts. For India: influence without compromise. For NATO: relevance without overreach….writes Vas Shenoy While the NATO

Rubio to host Quad partners in Washington

The July 1 meeting comes amid growing complexity in intra-Quad relations….reports Asian Lite News The United States will host a high-level Quad Foreign Ministers Meeting on July 1 in Washington, D.C., as

Miliband shuns £25bn renewable energy project

Whitehall sources say the government will emphasise a desire to focus on “homegrown” energy in a statement explaining its rejection of the Xlinks project The government is snubbing a £25bn renewable energy
Go toTop

Don't Miss

Indian Navy to get DRDO developed Naval Anti Drone System

It uses the help of Radar, Electro-optical/infrared (EO/IR) sensors and

Canada-India Relations Witness Shift Amid US Plot Allegations

India said that it is only asking for specific and