Archive · 1 Oct 2025
India, US Aim for Major Trade Deal by 2025
India and the US are working on a big trade deal.
They want to make it easier for companies to trade goods and services between the two countries.
The goal is to boost trade to $500 billion by 2030.
The deal will cover things like energy, technology, and services, but not patents or some rules.
Right now, some US tariffs on Indian goods are really high which hurts Indian companies.
India is trying to sell more products to other countries to help.
This agreement, once finalized, will help Indian exporters, especially those involved in textiles, gems, jewelry and seafood.
India and the US are negotiating a comprehensive trade deal, targeting a goal of $500 billion in bilateral trade by 2030.
The deal will cover multiple sectors, excluding patents and specific regulations.
US tariffs on India have increased, causing setbacks for key Indian export sectors.
Indian exports to the US increased 18% in FY26, imports grew 8.5% during the same period.
Indian exporters are diversifying markets to reduce the impact of high US tariffs.
- Who
- India, US, exporters, government
- What
- Negotiating a comprehensive trade deal with a goal to increase bilateral trade
- When
- Talks ongoing, aiming to finalize by Fall 2025
- Where
- India and the US
- Why
- To promote growth, fairness, national security, and job creation
US View
Indian View
Russian Oil Purchases
US View
US wants India to reduce Russian oil purchases.
Indian View
India has not issued a response.
Market Access
US View
US wants access to India's agricultural and dairy sectors.
Indian View
India is holding firm for now, as it has not opened them up to US products.
Tariffs
US View
US has high tariffs against India due to Russian oil purchases.
Indian View
India facing setbacks for key exports.
- Trade Deal Goal
- $500 billion in bilateral trade by 2030
- Excluded Issues
- Patents and certain regulatory matters
- Key Sectors
- Defense, Energy, Goods Trade, Technology, Services, Investment
- US Tariff on Indian Goods
- Up to 50%
- Bilateral Trade FY26 (Apr-Aug)
- $61.96 billion
- India's Main Export Destinations
- US, China, UAE, Netherlands, Singapore, Hong Kong, Australia, Italy, South Africa, Nepal, Bangladesh
