Prime Minister Modi's 1st Visit to the U.S. In 2025

Mission 500

Doubling Bilateral Trade to $500 billion by 2030.

Bilateral Trade Agreement (BTA)

First tranche to be negotiated and finalized by end of 2025.

Focus Areas: Reduce trade barriers, Strengthen trade in goods and services, Integrate supply chains

Early Measures to Address Trade Barriers

India's Measures

Lower tariffs on U.S. products: bourbon, motorcycles, ICT products, and metals.

Increased market access for U.S. agricultural products: alfalfa hay, duck meat, and medical devices.

U.S. Measures

- Facilitate increased exports of Indian mangoes and pomegranates to the U.S.

Greenfield Investments

Hindalco’s Novelis

$7.35 billion investment in aluminum manufacturing (Alabama & Kentucky)

JSW Steel

Steel manufacturing investments (Texas & Ohio)

Epsilon Advanced Materials

Investment in battery materials (North Carolina)

Jubilant Pharma

Manufacturing injectables (Washington)

Job Creation

These investments have created over 3,000 jobs, boosting local economies.

U.S.-India TRUST Initiative

Promotes collaboration in the following areas: AI, Semiconductors, Quantum Computing, Biotech, Energy, Space Technologies

AI Infrastructure Roadmap

Goal: Develop AI infrastructure in India by the end of 2025.

Focus: Identify barriers and promote industry partnerships to drive growth.

INDUS Innovation & INDUS-X

Focus Areas: Strengthening collaborations in space, energy, and emerging technologies.

INDUS-X: A platform for defense industry partnerships. Next Summit: 2025.

Resilient Supply Chains

Goal: Strengthen supply chains for key sectors: Semiconductors, Critical minerals (lithium, cobalt, rare earths), Pharmaceuticals

Space Cooperation

NASA-ISRO Collaboration: Sending the first Indian astronaut to the ISS.

NISAR Mission: Early launch of the NISAR satellite to map Earth’s surface.

India-US Bilateral Relations

India and the United States established formal diplomatic relations in 1947 when India gained independence. The relationship grew slowly during the Cold War, marked by differences over alliances and India's non-aligned stance. Relations improved significantly in the 1990s, especially after India’s economic reforms. In the 2000s, the U.S.-India Civil Nuclear Agreement of 2005 marked a key turning point, paving the way for deeper strategic and defense ties. Today, India and the U.S. enjoy a strong partnership in trade, defense, technology, and global diplomacy.

Defense Cooperation

1. 2+2 Ministerial Dialogue:
2. Defense Procurement: Over US$20 billion, including C-130J, C-17, Apache, Chinook, MH60R helicopters, and P8I.
3. Quad Leaders’ Mechanism: The U.S. and India, alongside Japan and Australia, engage in discussions to ensure peace and stability in the Indo-Pacific.

Military Exercises

1. Bilateral Exercises: Yudh Abhyas (Army), Vajra Prahar (Special Forces), Malabar (Navy), Cope India (Air Force), Tiger Triumph (tri-services).
2. Multilateral Exercises: Red Flag, RIMPAC, CUTLASS Express, Sea Dragon, Milan.
3. Combined Maritime Force (CMF): India joined as an Associate Partner in April 2022.
4. Tarang Shakti: First multinational air exercise held in August 2024.

Defense Industrial Cooperation

1. India-US Defence Industrial Cooperation Roadmap
2. INDUS X: Launched in June 2023, second summit in February 2024, third summit in September 2024.
3. Memorandum of Understanding (MoU): Signed between iDEX and DIU in September 2024.

Trade & Economic Relations

1. Largest Trading Partner: US with bilateral trade of US$190.1 billion in 2023.
2. India's Exports to US:
   1. Merchandise: US$83,768 million in 2023.
   2. Services: US$36,329 million in 2023.
   3. Total: US$120,097 million in 2023.
3. US Exports to India:
   1. Merchandise: US$40,117 million in 2023.
   2. Services: US$29,863 million in 2023.
   3. Total: US$69,980 million in 2023.
4. Total Bilateral Trade: US$190,077 million in 2023.

Investment

1. FDI from US: Third largest source with inflows of US$4.99 billion in FY 2023-24.
2. Indian Companies in US: 163 companies invested over US$40 billion, creating over 425,000 jobs.

Strategic Energy Partnership/Climate & Clean Energy Agenda 2030

1. India-US Climate and Clean Energy Agenda 2030 Partnership: Launched in April 2021.
2. Strategic Clean Energy Partnership (SCEP): Five pillars including Power & Energy Efficiency, Renewable Energy, Responsible Oil & Gas, Sustainable Growth, and Emerging Fuels and Technologies.
3. Climate Action and Finance Mobilization Dialogue (CAFMD): Inaugural meeting in September 2021.
4. Hydrocarbon Trade: US$13.6 billion in FY 2023-24.
5. International Solar Alliance (ISA): US joined in 2021.
6. US-India Renewable Energy Technology Action Platform (RETAP): Launched in August 2023.

Space Cooperation

1. Civil Space Joint Working Group (CSJWG): Last meeting in January 2023.
2. NASA-ISRO Synthetic Aperture Radar (NISAR): Joint development.
3. Joint Statement of Intent: Signed in January 2024 for space exploration and human spaceflight.
4. Initiative for Critical and Emerging Technology (iCET): Launched in January 2023, second summit in July 2024.

Health Cooperation

1. Bilateral Vaccine Action Program (VAP): ROTAVAC® vaccine developed.
2. US National Institutes of Health: Over 200 active collaborations.
3. India-US Health Dialogue:
4. Global Action Plan (GAP): India participated in February 2022.
5. Cancer Moonshot: India-US Cancer Dialogue held in August 2024.

Diaspora/People-to-People Ties

1. Indian Americans/Indian Origin People in US: About 4.4 million.
2. Persons of Indian Origin: Third largest Asian ethnic group in the US.
3. Indian American Community Organizations: Many organizations and professional groups.
4. Indian Americans in Politics: Five persons of Indian origin in the US Congress.
5. India-US Consular Dialogue: Last meeting in February 2024.