India wants to improve its economic relationship with the United States under the new Trump government, according to Trade Minister Piyush Goyal.
He shared his hope for a strong partnership, mentioning that India has built good ties with past U.S. governments. In the 2023/24 financial year, trade between the two countries was over $118 billion, with India having a $32 billion trade advantage.
Experts predict trade could grow by another $50 billion in the coming years. Both the Indian government and businesses back a full trade and investment deal to help Indian companies join global supply chains while protecting the country’s interests.
