India, US Trade Talks Ongoing, Both Sides Trying For A Win-Win Solution: Report

The US Ambassador-designate, who was recently in India, held meetings with all key stakeholders and described the discussions as productive.

At present, around 45 per cent of India’s exports to the US remain outside the tariff ambit, the report added.

Source : Freepik

Talks between India and the United States on trade-related matters are progressing steadily, media reports said on Wednesday. Citing government sources, ANI reported that engagement between the two sides is ongoing. The US Ambassador-designate, who was recently in India, held meetings with all key stakeholders and described the discussions as productive.

Govt Sources on India-US trade talks: Engagement between the two sides is going on. Ambassador-designate was in India, he met with all the stakeholders and had good meetings. Negotiating team from India is in The US. They are trying to see if we can have a win-win solution… pic.twitter.com/jSRRl56Uq9

— ANI (@ANI) October 15, 2025

The Indian negotiating team is currently in the United States to continue deliberations, with both sides aiming for a “win-win solution.” “Discussions are on the table, and we are in a deeper phase of engagement,” a government source stated, adding that India’s exports to the US have shown growth and the trend is expected to continue.

Strong Export Growth to the US

According to the report, India’s exports to the United States have continued to expand steadily. Nearly 45 per cent of India’s exports to the US currently face no tariffs, a development that is expected to sustain trade momentum in the coming months.

The report added that ongoing talks are also expected to cover key areas such as market access, regulatory cooperation, and greater collaboration in the energy and technology sectors.

Expanding Energy and Technology Cooperation

India is exploring the possibility of scaling up imports of natural gas and renewable energy technologies from the United States as part of its broader strategy to diversify energy sources. The move aligns with India’s goals of enhancing energy security and promoting cleaner alternatives.

The bilateral trade talks, which were formally launched in February under the direction of leaders from both nations, have already seen five rounds of negotiations.

Targeting $500 Billion in Bilateral Trade

Both countries have set an ambitious target to more than double their current trade volume of $191 billion to $500 billion by 2030. Officials had initially aimed to complete the first phase of the trade agreement by the fall of 2025.

Union Commerce and Industry Minister Piyush Goyal recently said that India remains in regular contact with the United States at various levels to advance the proposed BTA and ensure steady progress.

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