Prime Minister Narendra Modi said in a joint press conference at the White House on Thursday that just as Trump is working towards making America great again, India has also set a target of becoming a developed nation by 2047. PM Modi said that if both countries move forward together, they can give a new shape to the whole world. PM Modi also gave a new slogan and said that MAGA and MIGA together can create a mega partnership of prosperity.
PM Modi explained the meaning of his slogan.
PM Modi said 'The people of America will be well aware of President Trump's slogan 'Make America Great Again'. The people of India are also moving forward with the resolve of a developed India by 2047. In the language of America, this is Make India Great Again - MIGA. When India and America work together, MAGA and MIGA together will create a mega partnership for prosperity. This mega feeling will give a new dimension to our objectives. Today we have also set a target to increase bilateral trade to $ 500 billion by the year 2030.'
'Will work towards trade agreement'
On the trade agreement between the two countries, PM Modi said 'Our teams will soon work on a trade agreement, which will mutually benefit both countries. We will strengthen oil and gas trade to ensure India's energy security. Investment in energy-related infrastructure will increase. In the nuclear energy sector, we talked about deepening our cooperation towards small modular reactors. The US plays an important role in India's defense preparedness. As strategic and trusted partners, we are actively moving towards joint development, joint production, and transfer of technology. New technology and equipment will increase our capacity.
What is the trade status between India and America?
According to media reports, bilateral trade between India and the US was $129 billion in the year 2024. In the year 2024, the US remained India's largest trading partner. However, India remained the 10th largest trading partner country for the US. The US does the most trade with Mexico, Canada, and China. America's annual trade with Mexico was around $839 billion in the year 2024. At the same time, this figure with Canada was $762 billion. America did bilateral trade of $582 billion with China in the year 2024. According to the data of the US Census Bureau of America, the trade deficit between India and America is also increasing. America imported goods worth $45 billion from India in the year 2024. At the same time, India imported goods worth about $24 billion from America during this period. In this way, the trade deficit between the two countries is very high and this is the reason why Trump is talking about increasing tariffs on India.
Mumbai and Assam Police are looking for YouTuber Ranveer Allahabadia aka 'BeerBiceps Guy' for his
Zubeen Garg's footprints, taken before the funeral, were preserved as a tribute
The death of Assamese singer Zubin Garg while scuba diving in Singapore has shocked everyone. He
Aryan Khan's "The Bads of Bollywood" is trending at number one on Netflix. Several major Bollywoo
India has stepped up efforts to get the Resistance Front (TRF), a front for Lashkar-e-Taiba, desi
Following the resurgence of respiratory distress, the central government issued health guidelines
Controversy has started over the sacrifice of goats on Bakrid. Hindu religious organizations are
India has defeated Pakistan by six wickets in the Champions Trophy. In this match played at Dubai
'By 2041, Muslims will equal the population of Hindus', Assam CM's shocking claim.
Pointing out the magnitude of demographic change in Assam, Chief Minister Himanta Biswa Sarma cla
Kapil Sharma's Kap's Cafe was attacked by unknown assailants on Wednesday night. In the video goi
The US Embassy in India on Tuesday warned international students studying in the US that their st
