In a statement, Director General of CII Chandrajit Banerjee said in the last two decades, the US-India partnership has grown exponentially in a wide array of areas.
Cooperation has produced valuable initiatives in areas like space, science and technology, homeland security, defence, cyber security, healthcare and prevention of infectious diseases, advanced manufacturing and so forth.
Banerjee said that business has always been at the forefront of the bilateral relationship and has helped strengthen the strategic imperative.
"Indian companies are very much a part of the fabric of America and they stand ready to work with President Trump going forward," he said.
Prime Minister Narendra Modi yesterday said he looked forward to working with the new US President to further deepen the bilateral ties.
Trump yesterday took over as the 45th President of the US.
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