US trade deal could boost Indian exports, government report says

From Yahoo Finance: 2025-05-27 09:38:00

A successful U.S.-India trade agreement could boost exports and open new market access, says India’s finance ministry. Trade Minister Piyush Goyal visited Washington to advance talks, aiming to sign an interim deal by early July. The U.S. is India’s largest trading partner, with a $45.7 billion surplus in bilateral trade. Government measures and rate cuts could push growth towards the upper end of forecasts, with capital spending playing a key role in supporting the economy. The Indian rupee remains stable, and foreign reserves provide a cushion against external shocks, making India an attractive investment destination amid global uncertainty.



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