India's defence exports have surged from Rs 6.8 billion (USD 80 million) in FY14 to Rs 236 billion (USD 2.77 billion) in FY25. The Ministry of Defence aims to raise this to Rs 350 billion (USD 4.1 billion) by FY27 and further to Rs 500 billion (USD 5.8 billion) by FY29.
The India Cellular and Electronics Association (ICEA) has called for a strategic thrust towards industrial and infrastructure electronics, terming it essential to achieving India's ambitious USD 500 billion electronics manufacturing target by 2030-31.
"During their meeting in February, PM Narendra Modi and President Donald Trump decided on a good bilateral trade agreement, in the best interest of both countries, which enables bilateral trade to reach $500 billion. We will work to make it happen...The negotiations are going on very well
Vance announced that the US and India have finalised the terms of reference for trade negotiations, a vital step towards realising President Trump's and Prime Minister Modi's vision of more than doubling bilateral trade to USD 500 billion by the end of the decade.
The Indian Pharmaceutical Alliance (IPA) on Thursday welcomed the exclusion of pharmaceuticals from US tariffs, with Secretary General Sudarshan Jain emphasising the deepening of India-US trade ties under the Mission 500 initiative, aiming to double bilateral trade to USD 500 billion.
Representatives of India's Department of Commerce and the Office of the US Trade Representative held meeting in the national capital for four days beginning March 26 as a follow up to the two countries agreeing to expand bilateral trade to reach USD 500 billion by 2030, including through the
One of the major announcements was "Mission 500," an ambitious goal to double bilateral trade to $500 billion by 2030. This initiative underscores the commitment of both nations to enhancing economic cooperation and leveraging mutual strengths to drive trade growth.
Former Indian Ambassador to the US and BJP leader Taranjit Singh Sandhu highlighted discussions between Prime Minister Narendra Modi and US President Donald Trump on "Mission 500," an initiative to boost bilateral trade to USD 500 billion by 2030. The talks also addressed trade barriers, mar
Recognizing that this level of ambition would require new, fair-trade terms, the leaders announced plans to negotiate the first tranche of a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA) by fall 2025.
Following the bilateral meeting between Prime Minister Narendra Modi and President Donald Trump, Foreign Secretary Vikram Misri provided a detailed overview of the key initiatives launched during the visit and said that the leaders launched Mission-500 in the sector of trade and investmen
PM Modi said that the people of the US are aware of Trump's motto MAGA while the people of India are moving towards the goal of Viksit Bharat 2047. He said that India and the US will strengthen the oil and gas trade to ensure India's energy security.