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Rising significance of Indo-US trade ties
Since 2013-14, Indo-US bilateral merchandise trade doubled to $131 billion in 2022
India-US Trade Policy Forum to boost bilateral trade and investment
The US is also the biggest FDI investor in India in terms of equity, as per the Reserve Bank of India's (RBI's) latest FDI data, with Rs 8.1 crore, accounting for 16.9 per cent share in 2022
