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  • 19 March, 2021

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Data related to USA and INDIA

Trade between India and USA

  • I-USA Bilateral trade in goods and services desired goal is $500 billion.
  • In the five years to 2019, bilateral trade grew at an aCAGR of 7.7% per year to $146 billion.
  • If the same rate of growth is maintained, the$500 billion targets will be achieved by 2036.
  • To ensure this, theCAGR of India should be set at 11.9%.

Source: TH

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