Indo-US business poised to grow fivefold: USIBC

The bi-lateral trade between India and the United States is poised to grow fivefold from the current USD100 billion to USD500 billion, a Indo-US business body has said.
"Trade between the United States and India is poised to grow from USD100 billion to the USD500 billion in the next few years," said Mukesh Aghi, president of the US-India Business Council (USIBC) yesterday.
USIBC member companies are united in their efforts and actions to build both the Indian and US economies as attractive destinations for investment and to create jobs and opportunities for citizens to grow and prosper, he said.
"To turn this vision into reality, we need a strong foundational relationship between governments and businesses," Aghi said.

Meanwhile, USIBC had hosted a executive committee briefing for the US Ambassador to India Richard Verma.