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This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here.
India-U.S. relationship looked set to reach new heights at the start of 2025.
Prime Minister Narendra Modi was among the earliest foreign leaders to meet the newly elected U.S. President Donald Trump in February, just hours after he signed a plan to introduce “reciprocal tariffs.”
The optics were powerful as the leaders of the world’s largest and oldest democracies shook hands, and vowed to double bilateral trade to $500 billion by 2030, with Modi stating, “Our teams will work on concluding very soon, a mutually beneficial trade agreement.”
