📷 Image: Wikimedia Commons / U.S. Army photo by Staff Sgt. Alexander Nieves
Business
US Aims for $500 Billion India Trade in Three Years, Says Ambassador Sergio Gor
✍️ The Economic Times
🗓 21 Oct 2026, 07:39 AM
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U.S. Ambassador Sergio Gor said Washington is targeting $500 billion in bilateral trade with India within the next three years.
U.S. Ambassador to India Sergio Gor told reporters that Washington is setting an ambitious goal of reaching $500 billion in bilateral trade with India over the next three years. The target reflects a push to deepen economic ties between the two democracies and to capitalize on growing market opportunities in sectors such as technology, manufacturing and services.
The ambassador highlighted that both governments have been working on removing trade barriers, enhancing investment frameworks, and promoting supply‑chain collaboration. He said the United States expects the trade volume to expand significantly as Indian businesses gain greater access to U.S. markets and vice‑versa.
While no specific timeline for individual agreements was disclosed, Gor emphasized that the trade objective will be pursued through continued dialogue, joint business forums and policy coordination. The statement underscores the strategic importance both nations place on economic partnership as a pillar of their broader bilateral relationship.
The ambassador highlighted that both governments have been working on removing trade barriers, enhancing investment frameworks, and promoting supply‑chain collaboration. He said the United States expects the trade volume to expand significantly as Indian businesses gain greater access to U.S. markets and vice‑versa.
While no specific timeline for individual agreements was disclosed, Gor emphasized that the trade objective will be pursued through continued dialogue, joint business forums and policy coordination. The statement underscores the strategic importance both nations place on economic partnership as a pillar of their broader bilateral relationship.