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flag India’s trade surplus with the U.S. may surpass $90 billion this fiscal year, fueled by strong IT, pharma, and manufacturing exports, along with zero tariffs on 75% of its agricultural exports.

flag India's trade surplus with the U.S. could exceed $90 billion in the current fiscal year, driven by strong exports in IT, pharmaceuticals, and manufactured goods, according to an SBI report. flag The bank also noted that 75% of India’s agricultural exports now face zero tariffs in the U.S., boosting prospects for increased agri trade. flag Despite a new U.S.-Bangladesh trade agreement, SBI expects minimal impact on India’s trade dynamics, citing India’s structural advantages in key sectors.

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