ANI
04 Jun 2026, 18:29 GMT+10
New Delhi [India], June 4 (ANI): The proposed India-US trade agreement is expected to further strengthen trade and investment flows between the two countries and provide an additional boost to an already vibrant economic corridor, Citi India CEO K Balasubramanian said on Thursday.
Speaking to ANI on the sidelines of Citi's 2026 India Conference in Mumbai, Balasubramanian said the India-US corridor remains one of the most important markets for both India and Citi.
'The India-US corridor is a very important corridor for India as well as for Citi India. In fact, that is our largest corridor,' he said.
Expressing optimism over the proposed trade agreement between the two countries, Balasubramanian said, 'We are all excited and waiting in terms of when that is going to get announced, and our expectation is that that will further double up in terms of the already existing and vibrant trade corridor.'
He noted that economic activity between India and the United States spans a wide range of sectors, including information technology, software, engineering and consumer businesses.
'If you look at the type of business that is happening in this corridor, we see activity on the IT side, we see activity on the software side, we see activity on the engineering side, consumer. So there is a lot of work that is happening on the US-India corridor,' he said.
Balasubramanian also highlighted the strength of investment flows from the United States into India.
'Even if you look at the investments that is coming into the country from this corridor, it continues to be quite robust,' he said.
While welcoming ongoing discussions around the trade pact, he cautioned that the final contours of the agreement are yet to emerge.
'We need to wait and see on the trade deal. At this point in time, frankly, it is anyone's guess in terms of what's happening on that,' he said.
On the broader economic outlook, Balasubramanian said India's growth trajectory remains resilient despite global uncertainties.
'If you look at the resiliency of the country, despite the headwinds... we continue to grow at around about 7 per cent,' he said.
He added that India's growth rate stands out among major economies globally.
'For a large economy of USD 4 trillion of GDP, a 7 per cent growth is a very material growth, and which is probably the fastest growth amongst most of the large economy in the world,' Balasubramanian said.
'I think we should be pretty comfortable and happy in terms of the current tailwinds that we are seeing from a growth perspective,' he added. (ANI)
Get a daily dose of Calgary Monitor news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Calgary Monitor.
More InformationAs Mexico City turns to the axolotl for its World Cup image, the endangered amphibian's colorful rise is stirring debate over conservation,...
As the battle for the country intensifies, the mineral-rich mountains of Syunik are emerging as a strategic prize in Eurasias new great...
BEIJING, June 4 (Xinhua) -- The United States should heed the call of the international community and immediately stop all its blockade,...
New Delhi [India], June 4 (ANI): The proposed India-US trade agreement is expected to further strengthen trade and investment flows...
New Delhi [India], June 4 (ANI): A Parliamentary panel has raised concerns over private investment not keeping pace with government...
Washington DC [US], June 4 (ANI): US Secretary of State Marco Rubio called India an important strategic ally of the United States and...
TORONTO, Canada: Although relations between the U.S. and Canada have become strained under President Donald Trump, new data shows that...
(Photo credit: Jim Rassol-Imagn Images) The Atlanta Braves will send ace Chris Sale to the mound Thursday night when they vie for...
(Photo credit: Denny Medley-Imagn Images) The Minnesota Twins will look to rebound from being shut out for the first time this season...
(Photo credit: Vincent Carchietta-Imagn Images) While the New York Yankees are seeking clarity on Aaron Judge's bone bruise in his...
Stuttgart [Germany], June 4 (ANI): The United States on Wednesday (local time) informed NATO allies that it will reduce and restructure...
Los Angeles [US], June 4 (ANI): A biopic based on the life of global music star Shania Twain is reportedly in the works. The film,...
