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

How Manchin’s crucial vote made him a ‘hero’

Next Story

EU Commission concerned over US tax & climate package

Latest from -Top News

Jaishankar Meets Think Tank in Russia

EAM Jaishankar’s visit comes at the invitation of Denis Manturov, the First Deputy Prime Minister of the Russian Federation….reports Asian Lite News External Affairs Minister S. Jaishankar on Wednesday met with leading

Starvation crisis deepens in Gaza

The United Nations Relief and Works Agency (UNRWA) had warned that malnutrition among children under the age of five had doubled between March and June…reports Asian Lite News Three Palestinians in Gaza

PM Modi: India poised to lead next tech wave

PM Modi underscored that the country is poised to lead the next wave of digital transformation in 5G…reports Asian Lite News Prime Minister Narendra Modi on Wednesday hailed India’s progress in expanding

‘Sky Not the Limit for India-Japan Ties’

Emphasising the civilisational ties between India and Japan, the Ambassador called the bilateral relationship a “quantum leap” in recent years…reports Asian Lite News In an exclusive interview, India’s Ambassador to Japan, Sibi
Go toTop

Don't Miss

West didn’t supply weapons for decades: Jaishankar defends Russian imports

Jaishankar, who is on a visit to Australia, said this

J&K gears up for G20 meet

G20 is a golden chance for the Kashmir valley to