What Strategies is the Nasscom US CEO Forum Implementing for Tech-Led Economic Partnerships?
Synopsis
Key Takeaways
New Delhi, Feb 5 (NationPress) The Nasscom US CEO Forum convened its inaugural industry engagement following the announcement of the trade agreement between India and the United States, focusing on strategies for a tech-driven economic partnership.
Meeting at Capitol Hill in Washington, DC, on February 4-5, the Forum's third session gathered prominent Indian technology executives alongside senior US policymakers. They explored avenues for boosting innovation, artificial intelligence, reliable supply chains, workforce enhancement, and local job creation in the US.
“The India-US trade agreement introduces essential macro predictability during a period when technology, talent, and trust are vital for global competitiveness. Indian tech firms are already generating tangible benefits for the US economy through high-quality employment, regional investments, and scalable innovation,” stated Rajesh Nambiar, President of Nasscom.
“The Nasscom US CEO Forum aims to evolve this partnership from mere collaboration to co-creation, backed by data, accountability, and sustainable value generation,” he further noted.
The Forum’s discussions highlighted the potential for deeper collaboration between India and the US throughout the AI value chain, in line with the Pax Silica coalition spearheaded by the United States.
As the global adoption of AI accelerates, Indian technology companies are strategically positioned to extend their influence across essential facets, particularly in enterprise and custom applications, consulting, engineering services, and emerging sectors within silicon design and advanced platforms, thus fostering trusted, secure, and scalable AI ecosystems.
This collaboration is anticipated to directly impact numerous Fortune 500 companies while stimulating local job creation across various US states.
The industry has set an ambitious goal of achieving $500 billion in India-US trade.
Energy security was also identified as a critical focus area, with the US enhancing AI-dependent energy capacity and India adopting green and nuclear solutions to support next-gen data centers.
Indian technology firms are playing an increasingly vital role in AI-led energy optimization, grid analytics, and digital infrastructure, bolstering the resilience of the US innovation landscape.
“India and the US have a unique opportunity to forge a trusted technology alliance across AI, semiconductors, and digital infrastructure. Indian technology companies are integral to the success of US enterprises, supporting a majority of Fortune 500 firms while creating local employment across various states,” remarked Amit Chadha, CEO & MD of L&T Technology Services and Vice Chair of the Nasscom US CEO Forum.
“By championing the joint US-India goal of $500 billion in bilateral trade, we can help cultivate a more resilient, innovation-driven future for both economies,” he concluded.