Exports: India's Engine to Economic Growth

Mukesh Aghi, President and CEO of the US-India Strategic Partnership Forum, emphasized the crucial role of exports in job creation as India aims to become a USD 5 trillion economy. He advocated for strengthening the Indo-US trade relationship to achieve USD 500 billion bilateral trade, addressing potential youth unrest from job scarcity.


Devdiscourse News Desk | New Delhi | Updated: 14-10-2024 16:58 IST | Created: 14-10-2024 16:58 IST
Exports: India's Engine to Economic Growth
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Mukesh Aghi, President and CEO of the US-India Strategic Partnership Forum, asserted that exports will be pivotal in job creation for India, as the nation targets a USD 5 trillion economy.

Speaking at a USISPF event, Aghi emphasized the need to bolster economic ties with the US, aiming to reach USD 500 billion in bilateral trade.

India faces the challenge of creating 1.2 million jobs per month to prevent youth unrest, while Indian Americans significantly contribute to the US economy, highlighting the importance of continued collaboration.

(With inputs from agencies.)

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