Mumbai, Feb. 17 -- The Confederation of Indian Industry (CII) lauded the outcomes of Prime Minister Narendra Modi's visit to the United States, terming it a major milestone that will strengthen bilateral trade, investment, defence, and technology partnerships. CII noted that the wide-ranging joint statement and initiatives announced during the visit under the framework of US-India COMPACT have set a clear forward-looking agenda for India-US relations, creating new opportunities for Indian industry and economic growth.

"A new chapter has been added to the India-US partnership, enabling much stronger collaboration in strategic sectors including defence, energy, semiconductors, space and emerging technologies like artificial intelligence (A...