From ‘Fragile Five' to ‘Top Five'

INDO-US TIES | ‘Negotiations must remain fair, balanced to protect stakeholders'

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Union Minister of Commerce and Industry, Piyush Goyal, on Tuesday reaffirmed the strength and strategic depth of the Indo-US partnership, describing it as "strong, stable and continuously expanding" across both economic and strategic domains.

Addressing the Indo American Chamber of Commerce in New Delhi, he said the relationship rests firmly on shared democratic values, diversity and a common developmental vision.

Goyal highlighted India's transformation from being counted among the "Fragile Five" economies a decade ago to becoming one of the world's top five today. He reiterated that India is poised to become the world's third-largest economy by 2027, supported by strong banking systems, low inflation, contained fiscal deficits and a surge in consumer confidence.