Washington seeks deeper economic ties with India, eyes $500 billion trade

US envoy to India Sergio Gor highlighted Washington’s push to deepen economic ties with New Delhi, reaffirming a target to double bilateral trade to $500 billion by 2030 ahead of the 2026 SelectUSA Summit.

In a post on X, Gor described a meeting with an Indian delegation as a “fantastic evening,” underscoring efforts to strengthen trade cooperation between the two countries. He emphasized that the US is focusing on “fair, balanced, and mutually beneficial trade” as a pathway to attract global investment and boost economic growth.

The envoy said increased collaboration is expected to drive investment flows into the US while also supporting shared prosperity between the two nations. The remarks come as both sides continue to expand economic engagement across sectors including technology, manufacturing, and services.

The SelectUSA Summit, a flagship event aimed at promoting foreign direct investment into the US, is expected to serve as a key platform for advancing bilateral trade and investment discussions with India.

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