India prepares for possible trade talks with US after Trump takes office

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The story "India prepares for possible trade talks with US after Trump takes office" was covered 19 hours ago by Business Standard, a news publisher based in India.

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India prepares for possible trade talks with US after Trump takes office - Business Standard

Quick Summary:

In return, India seeks to increase exports in pharmaceuticals, garments, footwear, engineering goods, chemicals, areas where it has a growing comparative advantage over China.

India also seeks to integrate into US global supply chains by supplying low-end and intermediate products, from chips and solar panels to machinery and pharmaceuticals.

To tackle US concerns on trade imbalances, India is open to increasing imports of energy products, such as LNG, and defence equipment while retaining its independent foreign and trade policies.