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.
Bengal's voter list includes 4.7 million voters who are no longer alive. Of these, 3.4 million ha
Following India's 96-run victory over New Zealand in the T20 World Cup final in Ahmedabad on Sund
Amarnath Yatra: LG flagged off the first batch for Amarnath Yatra; Tight security arrangements made
The first batch for the Amarnath Yatra has left. LG Manoj Sinha flagged off the first batch early
Bengaluru Stampede: FIR against RCB in Bengaluru stampede case, case may be handed over to CID.
11 people died in a stampede outside the Chinnaswamy Stadium in Bengaluru. Many people were also
The Telangana government made a big decision given the month of Ramadan. Under this, a special ex
Indian women's team's experienced all-rounder Deepti Sharma has created history during the fifth
'Atheist Krishna', who created a unique identity in the digital world due to his memes, is no mor
The Indian team has decided not to lift the winner's trophy after winning the Asia Cup. In fact,
If Team India does not play, will the Asia Cup 2025 be cancelled? PCB fears loss of crores
The Asia Cup 2025 to be held in the month of September is in danger. Reports have emerged that th
The Supreme Court today heard the case regarding the special intensive revision of the voter list
