1、Charting a long-term economic partnership through bilateral tradeKPMG.Make the Difference.May U.S.-India trade tiesForeword by KPMG in IndiaThe economic partnership between the U.S.and India is entering a phase defined by scale,strategic intent and long-term alignment.From a relationship anchored in
2、 strong trade flows,engagement is now broadening across manufacturing,technology,energy and talent,positioning both economies to respond to a more fragmented and competitive global environment.As supply chains are reconfigured and new technology cycles reshape production,the U.S.-India corridor is e
3、merging as a pillar of resilience.This report,“Deepening U.S.-India trade ties:Charting a long-term economic partnership through bilateral trade,”explores how this evolving relationship can be converted into sustained economic outcomes.It outlines the sectors that currently form the foundation of bi
4、lateral trade,including electronics,textiles,pharmaceuticals,machinery and gems and jewellery and assesses how these anchors can be reinforced.It also highlights areas where future expansion is likely to be concentrated.The analysis underscores the importance of logistics capability,regulatory coher
5、ence,standards alignment and predictable market access in enabling deeper integration between U.S.demand systems and Indian producers.Trade between the two economies has expanded steadily in recent years,supported by Indias improving production depth,competitive cost position and growing base of glo
6、bally oriented enterprises.Indian firms are increasingly focusing on quality,reliability and capability building.In parallel,the U.S.continues to seek partners that can deliver continuity,scale and trust across critical sectors.This alignment of priorities creates an opportunity to move beyond incre