Indian Economy News

Digital economy is space for growth, opportunity between India, US: USIBC

The head of the US-India Business Council (USIBC), Mr. Atul Keshap has called for the creation of structures, regulations, and a legal framework to ensure the continued vitality and growth of the digital economy sector in the US and India.

Addressing the panel of Commerce & Industry 2.0 at the India Foundation's 7th India Ideas Conclave in Bangalore on May 22, Mr. Keshap spoke about India's impressive growth, and the success of government-led digitisation efforts, and the country's status as the fastest-growing large-scale economy.

According to Mr. Keshap, there is a sweeping revolution taking place in India, and it will have a substantial positive impact on India, the US, and the entire world. After centuries of disruption, India is returning to its historic status as one of the world's largest, most dynamic, and prosperous economies,

According to a press release issued, Mr. Keshap reaffirmed the USIBC's vision of a US$ 500 billion US-India trade partnership and highlighted the digital economy as a space for future growth and opportunity.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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