Bilateral ties between India and the US to reach new high: PwC IACC survey

Q.  Bilateral ties between which two countries are likely to touch USD 500 billion by 2025, according to a recent PwC-IACC report?
- Published on 29 Sep 15

a. India and United Kingdom
b. India and Australia
c. India and South America
d. India and United States

ANSWER: India and United States
 
India has emerged as the most sought after developing market for the US with bilateral trade between the two nations pegged at USD 500 billion by 2025 according to a survey conducted by PwC and Indo American Chamber of Commerce (IACC). Trade between the two nations can grow through considerable efforts from stakeholders even as there has been a 4 fold growth in Indo-US trade since 2006 to USD 100 billion in 2014.

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