The Indian medical device industry faces challenges from international trade dynamics, regulatory barriers, and domestic policy inconsistencies
Both sides hope to finalise the first tranche of the agreement by the fall of 2025
Development comes a day after US President Joe Biden said he is determined to help India in its time of need
The Indian government has so far not commented officially on the USTR investigation
Barack Obama and PM Narendra Modi had set the target of increasing the goal of $500 billion
As they try to reach a bilateral investment treaty