SME Futures Explains: India-US trade and economic relationship
Trade between the United States and India has grown steadily ever since India’s economy began to take off in the mid-1990s and its information technology sector shot to prominence in the early 2000s.
From 1999 to 2019, trade in goods and services between the two countries has surged from $16 billion to about $146 billion. India is now the United States’ eighth-largest trading partner in goods and services and is among the world’s largest economies.
Detailed video analysis on India – US trade and economic relationship by Mr. Purnachandra Rao Surapaneni – National President – Indo-American Chamber of Commerce, Sanjay Aggarwal – President – PHD Chamber of Commerce and Industry and Aseem Chawla – Founder, ASC Legal & Past Regional President – IACC.