India Imports and Exports - Part II

India-America Trade relationsalso agreed to cut regulations on buy/sell of
For the starters, United States is India's largestcarbonated drinks. Many medicinal drugs and lowering
trading partner.regulations on products those are not agricultural
India's major exports to US - include Informationproduce.
Technology Services, textiles, machinery, ITeS, gemsBoth countries expressed interest in promoting small
and diamonds, chemicals, iron and steel products,business initiatives in both countries by enabling trade
coffee, tea, and other edible food products.between them..
India's major imports from US - aircraft, fertilizers,The percentage of traded items from India to US
computer hardware, scrap metal and medical1. Diamonds & precious stones (25%)
equipments.2. Textiles (29.01%)
Additionally, America is also India's largest investment3. Iron & Steel (5.81%)
partner. Americans have made significant investments4. Organic chemicals (4.3%)
in India's power generation, telecommunications,5. Machinery (4.6%)
ports, roads, petroleum exploration/processing, and6. Electrical Machinery (4.28%)
mining industries.The percentage of traded items from US to India
India and US have signed a new Trade Policy Forum.1. Engineering goods & machinery (including electrical)
The sub-divisions include: Agricultural Trade Group and(31.2%)
Tariff and Non-Tariff Barriers group.2. Precious stones & metals (8.01%)
Agricultural Trade Group- The group specially focuses3. Organic chemicals (4.98%)
on three objectives: approving on terms that will4. Optical instruments & equipment (7.33%)
facilitate India to export mangoes to the United5. Aviation & aircraft ( 16.8%)
States, thereby sanctioning Agricultural and ProcessExport of Indian Agro Exports to US
Food Products Export Development AuthorityThe export of Indian Agro products to US forms a
(APEDA) to vouch Indian products to the standardssignificant component of Indian exports to US. The
of the U.S. Department of Agriculture, andIndian government apparently plays an important role
implementing procedures for approving edible wax onin the expansion and diversification of the agricultural
fruit.products and food processing industrial sector of the
Tariff and Non-Tariff Barriers group - Insecticidescountry. It is reportedly one of the largest in terms
manufactured by United States could be sold acrossof production, consumption, export and growth.
the length and breadth of the country. Also, India has