Indo-US trade up 29.6% at $48.75 bn
Posted: Tuesday, Feb 22, 2011 at 2226 hrs IST
The total bilateral trade in calendar year 2009 was $37.61 billion, which was a significant drop from $43.39 billion in 2008 mainly because of the downturn in global economy. Between January and December 2010, the country's exports to the US stood at $29.53 billion as against $21.17 billion for same period in 2009 thus showing an increase of 39.52%.
The White House
Office of the Press Secretary
For Immediate Release November 08, 2010
The U.S.-India partnership is indispensable to addressing the challenges of our times. This strategic relationship encompasses a range of issues, activities, and programs that reflect the vision of President Obama and Prime Minister Singh that benefits not only the people of the United States and India but the world as a whole.
As second biggest importer, India helps balance global trade
22 Nov, 2010, 05.55AM IST, Rishi Shah,ET Bureau
"Countries such as US and India are injecting demand into the global demand because we have deficits. Actually, India is second largest contributor to the global net demand. In 2009, India contributed something like 6.5% of the total net injection of demand," said Arvind Virmani, executive director-India , International Monetary Fund
In India, Obama pushes U.S. jobs
By Ed Henry, CNN Senior White House Correspondent
November 6, 2010 -- Updated 1851 GMT (0251 HKT)
President Obama unveiled about $10 billion in new contracts for U.S. exports to India on Saturday as he launched an aggressive push to show his trip to Asia will deliver jobs back home.
Obama's India visit in sync with US export strategy
1 Nov, 2010, 07.20PM IST, PTI
Rising India with 8.5-8.8 per cent economic growth and a huge 1.2 billion people market is of great interest to the US companies.
US-India Trade: 5 focus areas - defense, education, agriculture, infrastructure and free trade agreement
Five Ways U.S.-India Trade Can Improve
November 2, 2010, 12:47 PM IST
By Amol Sharma
The U.S. India Business Council, which is organizing an executive summit in Mumbai Nov. 6 that will host a speech by U.S. President Barack Obama, laid out its vision for U.S.-India trade cooperation in a new report titled “Partners in Prosperity.”
Indo-US trade may double in 5 years
Press Trust of India / Hyderabad November 01, 2010, 20:45 IST
The Indo-US trade is likely to be doubled in next five years from the present $37 billion, Suresh Kumar, Assistant Secretary of Commerce and Director General of the US Foreign Commercial Service said here today.