Presentation on India With America

8/8/2019 Presentation on India With America

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SUBMITTED TO:

AJWINDER DHILLON

(LECT)

SUBMITTED BY:

MALVIKA MAHAJAN

NEERAJ SIHAG

SAKSHI AGGARWAL


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`

The historic relationship between India and the UnitedStates was very strong.

` One event is the visit of Swami Vivekananda who

introduced Yoga and Vedanta to America.

` His first lecture, which started with this line "Sisters

and Brothers of America

` After Indian independence until the end of the cold

war, the relationship between the two nations has often

been thorny.

` Dwight Eisenhower was the first U.S. President to visit

India in 1959.

` Also Even though America supported India duringSino-Indian war in 1962.

` Many presidents visit india but clintons visit makethe relationship stronger.


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Mr Obama said the relationship between the

United States and India will be "one of the

defining partnerships of the 21st century.

Indian PMManmohan Singh said the twocountries' partnership would be "defining and

indispensable" for the coming decades.

Acc to nuclear deal after 50 years of

isolation, India will have the opportunity to

say something, in world forums like UN,

WTO and World monetary lending

institutions, and be heard.


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` 21 Oct, 2010; Acc to Nicholas Burns the Former Under Secretary ofState for Political Affairs,

Indo-US relationship needs new ideas and ambitions:as India is likely to be one of the top strategic partners of the US.

` "India may not be a formal treaty ally, but is going to be a democratic

partner for us for the future. The United States needs to take some steps to

strengthen this partnership," he said.


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` Indo-American relations refers to the bilateral relations between theRepublic of India and the United States of America.

` Despite being one of the pioneers of the Non-Aligned Movement,India developed a closer relationship with the Soviet Union during

the Cold War.

` During the tenure of the Clinton and Bush administration, relationsbetween India and the US blossomed regarding growing Islamicextremism, energy security and climate change.

` There was a slight downturn in India-U.S. relations with election ofBarack Obama as the President of the United States in 2009 but wereleast concerned.

` Today, India and the U.S. share an extensive cultural, strategic,military and economic relationship.


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US companies view India as a lucrative market and a candidate for

foreign investment,ndia was 21st largest market for US exports and 18th

largest source of imports,

On march 2nd,2006, President George W. Bush and Indian PrimeMinisterManmoham Singh endorsed the goal of doubling bilateral

trade in 3 years,

Continous efforts to foster closer trade relations between the two

economy.


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Imports

Sophisticatedmachinery

Surgical equipment

Aircraft

Spacecraft

Jewellery

Organic chemicals

Exports

Precious stones

Metals

Knit apparel Miscellaneous

textile apparel

Fish and seafood


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United States, India's second largest source of FDI. Huge number of people of Indian origin residing in the US. Signing of "India-US Economic Dialogue" by Indian PMAB Vajpayee and

US President Bill Clinton in 2003, aims at deepening the Indo-American

partnership through regular dialogue and engagement. USA covers almost every sector in India, which is open for private

participants. US investor community sharing confidence in the future of the Indian

economy in the areas like infrastructure, IT, etc. The Government of India continuously reviewing its policies in sectors

such as roads, ports and airports. Private sector participation in management, BOT projects, green-field

airports, terminals and shipping berths and capacity augmentation has beeninitiated.


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Many mncs of USA are doing a profitable business in India like General

Electric, Whirlpool Ford (India),etc.

With the emergence of BPO US companies are reaping advantages offered by

India's IT sector.

India offers a large pool of trained, English speaking personnel to the US

MNCs.


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` Both the country have made thejoint commitment on maritimesecurity: Air, Sea, Space,Cyberspace stability .

` India and the US have launched adialogue to explore ways to work

together, as well as with othercountries, to develop a shared visionfor these critical domains topromote peace, security anddevelopment.

` India-US defense cooperation in

recent years has strengthenedmutual understanding on regionalpeace and stability, the statementsaid it enhanced both countries'capacities to meet humanitarian andchallenges such as terrorism and

piracy


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` Soldiers from U.S. Army Alaska and the Indianarmy exchanged airborne jump wings and giftsduring a ceremony Nov. 13 at Joint BaseElmendorf-Richardson, Alaska.

` The ceremony was part of the conclusion of thetwo-week long exercise in which soldiers of U.S.Army Alaska and the Indian army worked side-by-side to conduct combined training operations.

` The exercise is designed to promote cooperationbetween the two militaries to develop U.S. ArmyPacific and USARAK relationships with India.

` The main objective of this exercise was a cultural

exchanges to improve partnership readiness andcooperation between the armies of India and theUnited States


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` 30 new Boeing 737 aircraft to US$2.7billion.

` 107 General Electric F414 jet enginesto power HAL Tejas fighter jets for theIndian Air Force - US$800 million.

` 10 Boeing C-17 Globemaster III planes( preliminary agreement) - US$4.5billion.


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US President Barack Obama's visit has clearly set the tone for the

future of Indo-US trade relations.

Over 20 deals worth $10 billion (Rs. 4400 crore) concludedduring his visit are expected to generate nearly 50,000 jobs

back in the US. India has agreed to purchase 10 C-17 Cargo planes fromUS a move that will help US generate as many as 22,000jobs back home.


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` US, India to extend cooperation

in defense, space, other high-

end fields.

` Obama offered to help reduce

tensions between India andPakistan but said that U.S. could

not impose a solution.

` In his speech Obama profusely

praised India and called the

U.S.-India relationship a

defining partnership of 21st

century.

` He expressed support for India's

permanent membership to the

UN Security council.


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Relaxations in Visa norms by the US administration is considered as a vital

step to boost the existing relations between the two countries.

Wipro India announced, November 12th, that it had entered into a definitive

agreement to acquire global energy practice of AmericanManagement Systems

for $26 million.

Duty free import facility for service sector having a minimum foreign

exchange earning of Rs.10 lakhs.

The government cleared the long-discussed proposal to hike foreign directinvestment limit in the telecom sector to 74 per cent from the current 49 per

cent.


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On 04th November 2010, Harvard Business School received a

gift of $50 million from Tata Companies, the Sir Dorabji Tata

Trust and the Tata Education and Development Trust,

philanthropic entities of India's Tata Group.


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New Delhi, Nov 8

When he

visited RajghatMonday, US

President Barack Obama became a

rare guest to be gifted a model of the'charkha', or the humble spinning

wheel that was powerfully used by

his iconMahatma Gandhi during

India's independence movement.

as Obama is deeply influenced


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` The bilateral relations between India and America have improved a lot over

the decade.

` In the beginning it was characterized by distrust and suspicion, but if we

talk about present situation then we can say they are having a healthy

relationship in every field like political eg OBAMAs visit; economic egUS is the second largest source of FDI for india.and in defence eg acc to

nucleardeal all military hardware will have to be produced in India.

` so we can say these relations would never be forgot and always be

remembered in nearby future.


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