February 6, 2026
2 mins read

Tech CEOs rally behind $500bn India–US goal

Nasscom’s US CEO Forum backs a USD 500 billion trade ambition, highlighting AI, energy security and deeper technology co creation between India and the United States.

The Nasscom US CEO Forum met on Capitol Hill in Washington placing renewed focus on the expanding India US technology and trade partnership as both countries push towards an ambitious USD 500 billion bilateral trade target. The discussions came soon after the announcement of a new trade deal, lending added momentum to conversations around innovation, artificial intelligence, resilient supply chains and long term job creation.

According to Nasscom, Indian technology companies already play a substantial role in the US economy, contributing around USD 103 billion to American GDP and supporting more than half a million jobs across 25 states. Industry leaders at the forum underlined that this footprint is set to grow as cooperation deepens across emerging and strategic sectors.

A key theme was collaboration across the AI value chain, with participants highlighting the work of the Pax Silica coalition. Indian firms are seeking to expand their presence in silicon design, advanced computing platforms and next generation AI systems, positioning themselves as long term partners rather than outsourced service providers.

Energy security also emerged as a strategic priority, particularly as AI driven infrastructure places growing demands on power capacity. Nasscom said discussions focused on the United States scaling AI critical energy resources, while India integrates green and nuclear energy to support data centres of the future. Indian technology firms, the industry body noted, are increasingly contributing to AI based energy optimisation, grid analytics and digital infrastructure, strengthening the resilience of the US innovation ecosystem.

The delegation met senior policymakers, including Senator Ron Wyden and Deputy US Trade Representative Ambassador Rick Switzer, to align industry priorities with policy frameworks. Rajesh Nambiar, President of Nasscom, said the trade deal offers macro predictability at a time when technology and talent are central to global competitiveness, adding that the goal is to move the partnership from collaboration to co creation.

Amit Chadha, CEO of L&T Technology Services, described the moment as a generational opportunity for a deeper technology alliance, noting that Indian firms are now deeply embedded in the success of US enterprises. The forum builds on a vision articulated by Prime Minister Narendra Modi and US President Donald Trump, positioning technology as a cornerstone of bilateral growth and strategic trust.

Newsdesk

Newsdesk

Aravind Rajeev is Deputy News Editor at Asian Lite, mostly covering the Middle East and GCC. He has over eight years of experience as a journalist, with a background in ground-level reporting, crime reporting, as well as international and regional news.

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