India on Threshold of 'Mother of All Deals' with US, Davos Signals Renewed Trade Talks

• Signals from Davos indicate renewed momentum for the India-US trade deal, dubbed the 'Mother of All Deals' by experts.
• The US is India's largest trade surplus partner ($45.8 billion in 2024), making the deal crucial for India's export economy and rupee stability.
• US Ambassador Sergio Gore confirmed commitment to a significant trade agreement with India, clarifying previous conflicting statements.
• While an India-EU deal is also progressing, experts believe it cannot replace the US market's scale and impact on India's economy.
• India is now pursuing a dual strategy: finalizing the EU deal for global support and advancing the game-changing US trade pact.

Why It Matters: Davos signals strong progress on the India-US trade deal, critical for India's economy despite EU deal advancements.