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Indian industries see opportunity in Trump's trade goals
India and the U.S. agreed on Feb. 14 to resume talks to clinch a trade deal later this year, a proposal that did not bear fruit during Trump's first term, with a goal of more than doubling bilateral trade to $500 billion this decade.
FILE PHOTO: A worker arranges sugar bags in a net to load them onto a cargo ship at the Deendayal Port in Kandla, in the western state of Gujarat, India, September 25, 2024. / REUTERS/Amit Dave/File Photo
Indian industry and trade experts see an opportunity to expand business with the U.S. after Prime Minister Narendra Modi met President Donald Trump, despite uncertainties over reciprocal tariffs and thanks to steps taken in the past few years.
India and the U.S. agreed on Feb. 14 to resume talks to clinch a trade deal later this year, a proposal that did not bear fruit during Trump's first term, with a goal of more than doubling bilateral trade to $500 billion this decade. India has promised to buy more U.S. defence, energy and other products.
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