Anticipating India's Modi Landmark Visit to the U.S.

Indian Prime Minister Narendra Modi's first state visit to the U.S. to meet President Joe Biden will be centered around deepening defense ties, partnerships in technology and India's role in the Indo-Pacific. The growing partnership between the U.S. and India also gives room for the two nations to adopt a "China plus one" strategy and push more technology companies to set up operations in India. The U.S. is looking at India as a reliable partner amidst global challenges, and without mentioning China, the White House said that the visit will "strengthen our two countries' shared commitment to a free, open, prosperous, and secure Indo-Pacific." Partnerships in technology will be top of the agenda for Modi as China continues to make advancements in AI, and there will also be business meetings set up with tech leaders.

Deepening Defense Ties Between the U.S. and India

India and Russia have long shared a warm relationship, with India relying heavily on the Kremlin for oil and military weapons. India is the world's largest buyer of Russian arms, accounting for about 20% of Russia's current order; however, India's dependence on Russia has dropped from 80% in the 1990s to about 65% now. Russia has not been able to send critical defense weapons it had promised India because of the war in Ukraine, pushing the Indian military to look to others such as the U.S. for supplies. The U.S. is looking at India as a partner it can rely on, however, it will be a very different partnership since India is not an ally. The U.S. is willing to look at its partnership with India differently - one that is independent-minded but will help American priorities as well.

Partnerships in Technology between

The growing partnership between the U.S. and India will have a significant impact on business, particularly for new businesses. With the focus on partnerships in technology and India's role in the Indo-Pacific, new businesses that provide goods and services essential to these areas have a unique opportunity for growth and success. As China continues to make advancements in AI, the U.S. and India will be looking for alternatives, and this presents an opportunity for technology companies to set up operations in India.

Furthermore, with the deepening defense ties between the U.S. and India, new businesses in the defense sector can also expect growth, particularly since India is not an ally but an independent-minded partner. This partnership provides room for new businesses to collaborate with the Indian military in supplying critical defense weapons.

The growing partnership between the U.S. and India creates a favorable business environment for new businesses, especially those providing goods and services essential to partnerships in technology and defense. With India's role in the Indo-Pacific, businesses looking to expand their operations in this region may also find this partnership beneficial. As both nations adopt the "China plus one" strategy, new businesses have a unique opportunity to leverage this partnership and establish themselves as essential players in these industries.