Connecting Businesses with Opportunities in India

US India Business

Feb 2, 2020,

The chart below depicts the quarterly trend in bilateral trade - U.S. and India - between 2018 and 2019.

Cumulative bilateral trade in goods and services: $110.9 billion for the first three quarters of 2019. This shows an increase of 4.5%, while U.S. exports and imports growing at 4% and 5%, respectively.

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Source: U.S. Census and Bureau of Economic Analysis

April 9, 2018: India and the US will hold bilateral talks on April 11 at the World Trade Organization (WTO) Geneva regarding Washington’s complaint alleging discriminatory export subsidies given by New Delhi. Read more

To scale up the trade relationship, President Obama announced $4 billion in government-backed investments and lending to India - $1 billion would be used to finance exports of 'Made-in-America' products, while another $1 billion will be made available to small- and medium-sized enterprises in underserved rural areas of India. Investment worth $2 billion will be committed for renewable energy in India, President Obama told a gathering of 50-odd top business leaders.

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