Both India and the US should negotiate a significant agreement, as the stakes are high for both countries, according to New Jersey Governor.
Published on: September 19, 2025
New Jersey Governor Phil Murphy is currently on an economic mission trip to India, visiting cities such as Mumbai, Delhi, Bengaluru, and Kerala. The focus of this mission is to strengthen economic ties and attract international investments.
In a recent statement, Governor Murphy mentioned that mid-term elections in states like New Jersey and Virginia often result in course corrections. However, he expressed optimism about the potential for a deal between India and the US, stating that they have too much at stake and too much history to let the current situation escalate.
The decision to lead an economic delegation to India was made amid ongoing tensions between the two countries. Governor Murphy, a member of the Democratic Party, emphasized the need to avoid damaging the relationship between the US and India, particularly in light of Russia's role in fueling the news.
The US President, Donald Trump, recently imposed 50% tariffs on India. Among the tariffs imposed by Trump, 25% were penalty tariffs for buying Russian oil. However, Governor Murphy stated that Russia deserves sanctions and other actions, but the relationship between the US and India should not be compromised.
New Jersey has implemented the largest incentive for onshore manufacturing, particularly for industries such as biopharma and biologics. Governor Murphy mentioned potential collaboration between New Jersey businesses and India in areas like innovation accounting, pharmaceuticals, biologics, life science, tech, telecom, digital, film, television, sports, logistics, advance food and beverage manufacturing, and more.
India is one of New Jersey's largest trade and investment partners. The Governor's visit is expected to foster stronger economic ties and attract investments from India, contributing to the growth of industries in New Jersey.
Governor Phil Murphy's economic mission trip to India is a testament to the resilience of the US-India relationship, despite the ongoing tensions. The Governor referred to the ongoing tensions as a 'breaking news' and not the beginning of a permanent trend. The hope is that this economic mission will pave the way for a more robust and enduring partnership between the two nations.
