Why the US-India relationship is the key to the next era of globalisation
Synopsis
Policymakers and business leaders in the United States and India must develop a strategy to build a technology corridor that makes India a global leader in the field, creates a secure supply chain and deep partner for the United States, and provides a positive feedback loop that benefits both countries.
India is in a global sweet spot. It is now the world’s most populous country — home to more than 1.4 billion people — and has had robust economic growth for the past three decades, with GDP per capita having risen by 245%. And yet, it remains relatively underdeveloped on a global scale. As of 2019, more than 600 million people in India live on less than USD3.65 a day. Thus there remains enormous potential for economic growth, and improvements in
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