Biden and Modi Highlight US-India Trade and Cooperation during State Visit

President Biden emphasized the growing economic relationship between the US and India, stating that trade has nearly doubled to over USD 191 billion in the past decade. During PM Modi's state visit, Indian firms announced over USD 2 billion in new investments in various sectors. Cooperation in semiconductors, defense, clean energy, and technology was also underscored. PM Modi's visit marks a significant diplomatic engagement, being only the third Indian leader to hold a state visit to the US.

Published Mar 23, 2026

President Biden highlighted the robust economic ties between the US and India, noting that trade has nearly doubled to over USD 191 billion in the last decade, supporting numerous jobs in both nations. PM Modi's visit resulted in over USD 2 billion in new investments from Indian firms in solar, steel, and fiber optics.

AI-curated by Theia

The leaders discussed enhancing semiconductor supply chains and deepening defense collaborations. PM Modi's state visit is historically significant, being only the third for an Indian leader, and it included cultural exchanges and gift-giving at the White House.