India-US trade surges elevenfold in two decades, crosses $220 billion mark: Sergio Gor

At the Annual Leadership Summit of the American Chamber of Commerce, US Ambassador to India, Sergio Gor says, "... India’s expanding manufacturing ecosystem, digital infrastructure, innovation capabilities, and skilled talent pool complement America’s leadership in technology, investment, advanced research, and entrepreneurship. Our shared ambition of achieving $500 billion in bilateral trade by 2030 reflects the connectivity between our economies, the confidence built, and the scale of opportunity. We stand at a remarkable moment. Over the last two decades, bilateral trade has grown from about $20 billion to over $220 billion in goods and services — an elevenfold increase that reflects deep trust and strengthened economic integration. Today, the United States and India are among each other’s top trading partners... I am impressed by the individuals who visit the US Embassy each week. CEOs from the United States are here, choosing India over other parts of the world. Every week, top executives arrive — from Uber to Walmart, and recently Boeing, Lockheed, and GE. This is not a one off occurrence but a regular pattern, a testament to the limitless potential between our two countries."