India-US trade estimated to have touched $140 billion in 2017

Trade between India and the United States is estimated to have jumped substantially from $118 billion in 2016 to $140 billion in 2017, according to an advocacy group that aims to promote bilateral trade.

In 2016, India was the ninth largest trading partner of the US and one of the major countries with which America has had trade deficit of more than $30 billion. This is expected to



continue in 2017 as well, an issue which has repeatedly been raised by President Donald Trump and his top officials in their interaction with their Indian counterpart.

“We estimate that in 2017 India’s trade [with the US] has gone up from USD 118 billion [the previous year] to USD140,” Mukesh Aghi, president of the US India Strategic and Partnership Forum (USISPF) told PTI in an interview.