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Indian Express
03-06-2025
- Business
- Indian Express
Expect India-US trade deal in not too distant future: US Commerce Secretary Howard Lutnick
US Commerce Secretary Howard Lutnick said a trade deal between India and the US could happen in the 'not too distant future' because 'we found a place that really works for both countries.' 'When they put the right person in India, put the right person on the other side of the table, and we've managed (that), I think,' Lutnick said in his keynote address at the eighth edition of the US-India Strategic Partnership Forum (USISPF) here on Monday. 'You should expect a deal between the United States and India in the not too distant future because I think we found a place that really works for both countries,' he added. USISPF also presented the 2025 Global Leadership Awards to IBM Chairman Arvind Krishna, Aditya Birla Group Chairman Kumar Mangalam Birla and Hitachi Executive Chairman Toshiaki Higashihara 'for their outstanding contributions in strengthening the US-India-Japan economic partnership.' This is the first time that business leaders from the QUAD grouping of Australia, India, Japan and the US will be honoured at the USISPF summit.


Hindustan Times
03-06-2025
- Business
- Hindustan Times
US second lady Usha Vance says India-US ties ‘very personal'
United States second lady Usha Vance termed the India-US relationship as one that is "very personal" for her, adding that this is a time of "great opportunity" for ties between the two nations, whose relationship has "ebbed and flowed at times". She said this during a chat at the eighth edition of the US-India Strategic Partnership Forum (USISPF) Leadership Summit. "It is a very personal relationship because I have family members who are in India, and I have many family members here in the United States, and I did grow up visiting India and visiting those family members," said Vance. She also said that this relationship has always been very important. The event was attended by prominent government, business and community leaders from India and the US. Responding to a question about her perspective on the relationship between India and the US, she said that this is a time of great opportunities, and if her husband were "here", he would say the same thing. She also talked about the Indian-American population having great opportunities and doing great things. She said that this relationship between India and the US has 'ebbed and flowed at times.' The fireside chat was conducted by USISPF chairman and JC2 Ventures founder and CEO, John Chambers. Vance recalled that when the Vice president JD Vance, herself and their three children visited India recently, she was surprised by the number of people who came up to her to say how much they love the US. They told her 'how they visited family, how they visited just for pleasure, that they were hoping for a close relationship looking forward.' USISPF is an independent not-for-profit institution focused on strengthening the US-India partnership. At the summit, USISPF also presented the 2025 Global Leadership Awards to IBM Chairman Arvind Krishna, Aditya Birla Group Chairman Kumar Mangalam Birla and Hitachi Executive Chairman Toshiaki Higashihara "for their outstanding contributions in strengthening the US-India-Japan economic partnership." (With PTI Inputs)

The Hindu
03-06-2025
- Business
- The Hindu
Expect India-U.S. trade deal in not too distant future: U.S. Commerce Secretary
U.S. Commerce Secretary Howard Lutnick said a trade deal between India and the U.S. could happen in the "not too distant future" because "we found a place that really works for both countries." "When they put the right person in India, put the right person on the other side of the table, and we've managed (that), I think," Mr. Lutnick said in his keynote address at the eighth edition of the U.S.-India Strategic Partnership Forum (USISPF) in Washington on Sunday (June 1, 2025) "You should expect a deal between the United States and India in the not too distant future because I think we found a place that really works for both countries," he added. USISPF also presented the 2025 Global Leadership Awards to IBM Chairman Arvind Krishna, Aditya Birla Group Chairman Kumar Mangalam Birla and Hitachi Executive Chairman Toshiaki Higashihara "for their outstanding contributions in strengthening the US-India-Japan economic partnership." This is the first time that business leaders from the QUAD grouping of Australia, India, Japan and the U.S. will be honoured at the USISPF summit.


Time of India
30-05-2025
- Business
- Time of India
US-India forum to honour Quad business leaders
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Second Lady of the United States Usha Vance and Commerce Secretary Howard Lutnick will address a leadership summit hosted by the US-India Strategic Partnership Forum next week where three pioneering business leaders from the QUAD nations will be honoured for their US-India Strategic Partnership Forum (USISPF) will host the eighth edition of its Leadership Summit on June 2 in Washington, D.C, where Lutnick will deliver the keynote address, sharing "his insights on strengthening the US-India strategic and economic partnership to achieve" the goal set by President Donald Trump and Prime Minister Narendra Modi for $500 billion in bilateral the first Indian-American in the role of Second Lady, will speak at a fireside said Vance's presence symbolises the deepening partnership between the world's oldest and largest democracies, and highlights the robust strength of the people-to-people will also present the 2025 Global Leadership Awards to IBM Chairman Arvind Krishna, Aditya Birla Group Chairman Kumar Mangalam Birla and Hitachi Executive Chairman Toshiaki Higashihara "for their outstanding contributions in strengthening the US-India-Japan economic partnership."This is the first time that business leaders from the QUAD grouping of Australia, India, Japan and the US will be honoured at the USISPF said that IBM, led by Krishna, has accelerated global digital transformation through advancing cutting-edge research in AI, cloud, quantum computing, and blockchain, with India playing a pivotal role in its global R&D and talent Birla's leadership, the Aditya Birla Group is the largest Indian greenfield investor in the United States, with investments exceeding $15 under the leadership of Higashihara, continues to expand its investments in infrastructure, mobility, and digital innovation, closely aligning with key US-India -Japan-India collaboration in energy, transportation, and summit will also feature conversations with Ambassador of India to the US Vinay Mohan Kwatra, Co-Chair, Congressional Caucus on India and Indian Americans Senator Steve Daines and Representative Rich McCormick and USISPF Board members."USISPF was founded with the single goal of uniting the two most powerful and robust democracies," John Chambers, Chairman, USISPF; Founder & CEO, JC2 Ventures, President and CEO Mukesh Aghi said the organisation is proud to welcome Lutnick, Vance and recognise exemplary business leaders who have strengthened the US-India-Japan corridor."These three leading democracies -- together representing well over $35 trillion -- are united by a shared commitment to strengthening supply chains and upholding a rules-based international order in the Indo-Pacific and beyond," Aghi added that with Japan's strength in advanced engineering manufacturing, India's robust economic growth, demographic dividend and engineering talent and the US innovation economy and capital, this trilateral partnership is uniquely positioned to drive progress across critical is an independent not-for-profit institution focused on strengthening the US-India partnership.
Yahoo
29-05-2025
- Business
- Yahoo
U.S. Secretary of Commerce Howard Lutnick and Second Lady Usha Vance to Address USISPF Leadership Summit 2025
U.S. Secretary of Commerce Howard Lutnick to Deliver Keynote Address at the USISPF's Leadership Summit 2025 in Washington, D.C. Second Lady Usha Vance to Participate in a Fireside Chat at the Summit USISPF To Honor Arvind Krishna of IBM, Kumar Mangalam Birla of Aditya Birla Group and Toshiaki Higashihara of Hitachi with the Global Leadership Award Washington, D.C. , May 29, 2025 (GLOBE NEWSWIRE) -- The U.S.-India Strategic Partnership Forum (USISPF) will host the eighth edition of its Leadership Summit on Monday, June 2, 2025, in Washington, at the USISPF Leadership Summit 2025 include Howard Lutnick, Usha Vance, Arvind Krishna, Kumar Mangalam Birla, Toshiaki Higashihara, Ambassador Vinay Kwatra, Senator Steve Daines, Representative Rich McCormick, and John are honored to announce US Secretary of Commerce Mr. Howard Lutnick as the Keynote Speaker at the summit. Secretary Lutnick will share his insights on strengthening the U.S.-India strategic and economic partnership to achieve the goal set by President Trump and Prime Minister Modi for $500 billion in bilateral trade. The Summit will also feature the Second Lady of the United States, Ms. Usha Vance in a fireside chat. As the first Indian American in the role of Second Lady, Ms. Vance's presence symbolizes the deepening partnership between the world's oldest and largest democracies, and highlights the robust strength of the people-to-people ties. USISPF will also present the 2025 Global Leadership Awards to three distinguished business leaders – Mr. Arvind Krishna, Chairman, President and CEO, IBM, Mr. Kumar Mangalam Birla, Chairman, Aditya Birla Group and Mr. Toshiaki Higashihara, Executive Chairman, Hitachi, Ltd. for their outstanding contributions in strengthening the US-India-Japan economic partnership. Under Mr. Birla's leadership, the Aditya Birla Group is the largest Indian greenfield investor in the United States, with investments exceeding $15 billion. IBM, led by Mr. Arvind Krishna,has accelerated global digital transformation through advancing cutting-edge research in AI, cloud, quantum computing, and blockchain, with India playing a pivotal role in its global R&D and talent ecosystem. Hitachi, under the leadership of Toshiaki Higashihara, continues to expand its investments in infrastructure, mobility, and digital innovation, closely aligning with key U.S.-India -Japan-India collaboration in energy, transportation, and technology. This will be the first time that QUAD business leaders will be honored at the USISPF summit. The summit will also feature conversations with Ambassador Vinay Mohan Kwatra, Ambassador of India to the United States, Senator Steve Daines (R-MT) and Representative Rich McCormick (R-GA-07), Co-Chair, Congressional Caucus on India and Indian Americans, and USISPF Board members. 'USISPF was founded with the single goal of uniting the two most powerful and robustdemocracies.' said John Chambers, Chairman, USISPF; Founder & CEO, JC2 Ventures. He addedUSISPF's strength and reach reflect with the growth, dynamism and optimism inherent in the U.S.-India strategic partnership'. 'As the most prestigious summit in the U.S.-India corridor, the Leadership Summit brings together key policy and decision makers and private sector leaders to discuss their vision and way forward for bilateral partnership'. 'We are proud to welcome Secretary Lutnick, Second Lady Usha Vance and recognize exemplary business leaders who have strengthened the U.S.-India-Japan corridor.' said Dr. Mukesh Aghi, President & CEO, USISPF. 'These three leading democracies—together representing well over $35 trillion—are united by a shared commitment to strengthening supply chains and upholding a rules-based international order in the Indo-Pacific and beyond. With Japan's strength in advanced engineering manufacturing, India's robust economic growth, demographic dividend and engineering talent and the U.S. innovation economy and capital, this trilateral partnership is uniquely positioned to drive progress across critical sectors. This summit celebrates that shared vision and momentum.' The USISPF Leadership Summit is the most prestigious gathering in Washington, DC focused on accentuating US-India ties and convening senior government leaders and officials, diplomats, Members of the U.S. Congress and Senate, USISPF Board members, leading business executives, media, think tanks, and global thought leaders, all working to advance cooperation and celebrate this important USISPF The US-India Strategic Partnership Forum (USISPF) is committed to creating the most powerful partnership between the United States and India. As the only independent not-for-profit institution dedicated to strengthening the U.S.-India partnership in Washington, D.C., and in New Delhi, USISPF is the trusted partner for businesses, non-profit organizations, the diaspora, and the governments of India and the United States. Press inquiries USISPF Ankit Jain ajain@ 2244607900 2550 M St NWWashington, DC 20037, USA Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data