A stock market index of Indian IT firms, the Nifty IT Index (.NIFTYIT), has fallen by more than a fifth this year while the benchmark NSE Nifty (.NSEI) has been flat as weaker global demand and a shift towards AI pressures the industry.

Indian Prime Minister Narendra Modi is anticipated to visit the United States in September for the United Nations General Assembly (UNGA) and to hold discussions with President Donald Trump on trade and tariffs.

Ostensible reason for Premier Narendra Modi's visit is to attend UN General Assembly. However, key goal is to meet with President Trump to resolve trade issues and reach agreement on tariffs, reports