India's US Trade Surplus to Double: $97 Billion Export Boost Expected

• India's trade surplus with the US could exceed $90 billion annually, driven by increased exports and import potential.
• Indian exporters could boost exports of top 15 items to the US by approximately $97 billion annually, potentially surpassing $100 billion across all items.
• Tariff reductions present a 'golden opportunity' for Indian exporters to expand market share in the US.
• The surge in exports, combined with a structured rise in imports, is expected to significantly widen India's trade surplus.
• India aims to purchase $500 billion of US goods over the next five years, with imports potentially increasing by $55 billion.