India's Strategic Move in US Trade Talks

India is set to formally request the United States for relaxed export controls and enhanced access to advanced technologies under the proposed bilateral trade agreement (BTA), aiming to mirror the privileges granted to close allies like Australia, the UK, and Japan.

Key Sectors and Demands

New Delhi's focus spans across telecommunications equipment, biotechnology, artificial intelligence (AI), pharmaceuticals, quantum computing, and semiconductors. Additionally, India is advocating for tariff reductions on labor-intensive exports to bolster its economy.

US Counter Demands

Conversely, the US is pushing for duty concessions on industrial goods, electric vehicles, wines, and agricultural products, highlighting the complex negotiations ahead.

Challenges and Opportunities

While the US is keen on deepening tech ties with India, concerns over export control regimes, intellectual property protection, and cybersecurity standards may hinder immediate parity with other allies.

Trade Dynamics

With bilateral trade reaching $131.84 billion in 2024-25, the US remains India's largest trading partner, despite concerns over the widening trade imbalance.