India-US Trade Grew 176% In The Last Decade

by Rahul Gautam Oct 27, 2020 • 04:07 PM Views 659

The India-US trade has grown 176% over the last decade. The beginning of increasing trade in US and India started with the nuclear treaty in 2009, after which the US lifted many restrictions. In 2019, the turnover figure between India and US was $ 146.1 billion with $ 87.4 billion in exports and $58.6 billion in imports. There was a trade surplus of $ 28.8 billion between India and America, which was in favor of India