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5 days agoIndia-US trade deal nearing conclusion, bilateral trade could hit US$500 billion by 2030
Negotiations between India and the United States are reportedly approaching the final legal-text phase of a bilateral trade agreement that aims to raise annual bilateral merchandise trade to roughly US$500 billion by 2030. The pact being discussed covers goods, digital trade and services. Indian exporters view it as a major step to offset tariff headwinds and diversify markets, while U.S. businesses seek improved access to Indian markets. Analysts caution that implementation timelines and sector-specific carve-outs remain key risks ahead of formal signature.
positive
5 days agoIndia-US trade deal nearing conclusion, bilateral trade could hit US$500 billion by 2030
Negotiations between India and the United States are reportedly approaching the final legal-text phase of a bilateral trade agreement that aims to raise annual bilateral merchandise trade to roughly US$500 billion by 2030. The pact being discussed covers goods, digital trade and services. Indian exporters view it as a major step to offset tariff headwinds and diversify markets, while U.S. businesses seek improved access to Indian markets. Analysts caution that implementation timelines and sector-specific carve-outs remain key risks ahead of formal signature.
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India-US trade deal nearing conclusion, bilateral trade could hit US$500 billion by 2030
5 days ago
1 min read
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India and the U.S. are nearing legal-text completion of a trade deal targeting US$500 billion annual trade by 2030, though implementation risks linger.
Negotiations between India and the United States are reportedly approaching the final legal-text phase of a bilateral trade agreement that aims to raise annual bilateral merchandise trade to roughly US$500 billion by 2030. The pact being discussed covers goods, digital trade and services. Indian exporters view it as a major step to offset tariff headwinds and diversify markets, while U.S. businesses seek improved access to Indian markets. Analysts caution that implementation timelines and sector-specific carve-outs remain key risks ahead of formal signature.
Negotiations between India and the United States are reportedly approaching the final legal-text phase of a bilateral trade agreement that aims to raise annual bilateral merchandise trade to roughly US$500 billion by 2030. The pact being discussed covers goods, digital trade and services. Indian exporters view it as a major step to offset tariff headwinds and diversify markets, while U.S. businesses seek improved access to Indian markets. Analysts caution that implementation timelines and sector-specific carve-outs remain key risks ahead of formal signature.
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global
economy
global
economy
trade
india
usa
exports
Oct 25, 2025 • 13:08 IST