USISPF affirms enduring US-India ties under Modi's third term, with continued cooperation in economics, security, and technology, pivotal for regional and global progress amid India's growth.

The recent Lok Sabha elections in India saw Narendra Modi secure a third term as Prime Minister. The Election Commission of India confirmed this outcome due to PM Modi's enduring popularity. The re-election will set the stage for a continued positive trajectory in US-India relations and economic reforms, as Mukesh Aghi, president and CEO of the US-India Strategic Partnership Forum (USISPF), confirmed.

The BJP-led NDA secured a majority with 240 seats out of 542 constituencies declared. This result gave PM Modi's administration a strong mandate but required coalition support for governance. The election results are not expected to impede corporate America's investment momentum in India. The Indian economy demonstrated robust performance, registering a nearly eight percent growth rate in the previous quarter. Projections indicate that the economy will reach a valuation of $5 trillion by 2027, with this favorable trajectory expected to persist, fueled by consistent investments from American corporations.

The strategic partnership between India and the US will be further strengthened. This collaboration will gain momentum through the Quadrilateral Security Dialogue (Quad). The focus of this partnership is anticipated to shift towards economic security and critical technology alliances among these countries, a development that could have far-reaching implications for the region.

The US-India partnership extends beyond bilateral dimensions to encompass broader regional and global cooperation, particularly in addressing pressing challenges such as climate change, healthcare, and sustainable development. Both nations aim to meet climate goals, shift to clean energy, and work together on renewable deployment, climate resilience, and green tech. Furthermore, the COVID-19 pandemic has underscored the importance of global solidarity and collective action in healthcare. Through their partnership, the United States and India work together to strengthen healthcare infrastructure, facilitate vaccine distribution, and build resilience against future pandemics.

The USISPF asserts that the robust ties between the US and India will endure under PM Modi's third term. With a focus on continued cooperation in various sectors, including economics, security, and technology, both nations are poised to deepen their relationship further. As India advances in its growth and development, the partnership between the two countries is anticipated to persist as a fundamental pillar of stability and advancement across the Indo-Pacific and beyond. This partnership is foreseen to continue playing a pivotal role in fostering regional and global progress.