Ahmedabad: The India-US trade deal reflects the power of New India and strengthens Prime Minister Narendra Modi's 'Make in India, Make for the World' vision, Gujarat Chief Minister Bhupendra Patel has said.

He said the deal, struck under the leadership of PM Modi, will benefit citizens of the two large economies and create new opportunities.

The historic deal will boost exports of products from sectors including textiles, pharma, chemicals, petroleum, gems and jewellery in which Gujarat is a manufacturing hub and a leader, Patel said in a statement.

Not only this, Gujarat's manufacturing sectors, trade and industry, and MSME will also directly benefit, he said.

When the world's two largest democracies move forward together, it carries the spirit of world welfare, the CM said.

"In that direction, this trade deal is also the beginning of a new chapter in the progress of bilateral relations between India and America. As a result of this deal, the vision given by the Prime Minister of 'Make in India, Make for the World' will get more strength," he added.

Patel stated that the US tariff on Made in India products at 18 per cent is a significant boost for manufacturing, MSMEs, exporters and job creation, which will open new doors for entrepreneurs and startups to wider markets around the world.

"This agreement will increase India's global economic presence. With the decisive leadership and citizen-centric diplomacy of PM Modi, India-US relations will also boost global peace and prosperity. On behalf of all the citizens of Gujarat, I congratulate the Prime Minister for this historic bilateral trade agreement," he said.

This report was published from a syndicated wire feed. Apart from the headline, the EdexLive Desk has not edited the copy.