India-US Interim Trade Deal: $500 Billion Boost in FDI, Tech Transfer & Key Imports

Business
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Moneycontrol•10-02-2026, 06:57
India-US Interim Trade Deal: $500 Billion Boost in FDI, Tech Transfer & Key Imports
- •India commits to $500 billion in purchases from the US over five years, averaging $100 billion annually.
- •Key import categories include petroleum products, commercial aircraft, AI data centers (GPUs), and machinery.
- •Petroleum imports from the US are projected to significantly increase, potentially reaching $30-35 billion.
- •AI data center investments, including GPUs, are expected to cross $200 billion, structured as JVs with FDI and tech transfer.
- •The deal is mutually beneficial, focusing on categories where India's imports are already high and growing, while opening the US market for Indian agricultural products.
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