India's post 2014 economic transformation an anchor point of ties with U.S.: Envoy Vinay Kwatra
India's economic transformation since 2014 has strengthened its relationship with the U.S., according to Indian envoy Vinay Kwatra. He highlighted the SHANTI Act as a key development that fosters private sector collaboration in nuclear energy. The goal is to increase bilateral trade significantly by 2030, with defense cooperation also playing a crucial role in the partnership.
- ▪Vinay Kwatra stated that India's economic changes have been pivotal in its engagement with the U.S.
- ▪The SHANTI Act has opened doors for private sector collaboration in civil nuclear power.
- ▪India and the U.S. aim to boost bilateral trade from $220 billion to $500 billion by 2030.
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“India's economic transformation since 2014 has been the anchor point of its expanding engagement with the U.S.,” Indian envoy to the U.S. Vinay Mohan Kwatra said in Washington.Addressing the Capitol Hill Summit 2026 organised by the U.S.-India Friendship Council (USIFC) in Washington on Monday (May 18, 2026), Mr. Kwatra said the passage of the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Act has unlocked opportunities for private sector collaboration in the civil nuclear power domain. India an ‘essential’ U.S.
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