India-US set $500 bn goal by 2030 with Bilateral Trade Agreement

India and the US made progress on expanding bilateral trade during discussions in New Delhi, aiming to reach $500 billion by 2030. Both sides agreed to a multi-sector Bilateral Trade Agreement (BTA), with sectoral engagements starting soon and an in-person negotiating round expected by fall 2025. The discussions focused on market access, tariff reduction, and supply chain integration.

Apr 1, 2025 - 10:25
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India-US set $500 bn goal by 2030 with Bilateral Trade Agreement
India and the US made progress on expanding bilateral trade during discussions in New Delhi, aiming to reach $500 billion by 2030. Both sides agreed to a multi-sector Bilateral Trade Agreement (BTA), with sectoral engagements starting soon and an in-person negotiating round expected by fall 2025. The discussions focused on market access, tariff reduction, and supply chain integration.