Saturday, May 31, 2025 | 03:20 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

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

Image
premium

Rakesh Mohan Joshi
India-US: Allies with strong economic ties
 
India and the US are natural allies with shared values in terms of their political ideology based on democratic principles, India being the world’s largest and the US being its oldest functional democracy. The two also have fair, equitable and independent judiciary systems that rely upon principles of non-discrimination on the grounds of region and religion.

This makes India and the US mutually dependable strategic partners at various international forums despite several differences primarily due to their divergent national interests.

Since 2013-14, the US has consistently been India’s top export destination. In 2021-22, the
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper