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Launched by: Foreign Secretary Vikram Misri and the Ambassador of India to the US, Vinay Kwatra.
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Aim: work toward the ambitious "Mission 500," which aims to double bilateral trade to $500 billion by 2030.
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The United States has been India's largest bilateral trading partner for the fourth consecutive year (till FY 2024-25), with trade reaching a record $241 billion last year.
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China has overtaken the US to emerge as India's largest trading partner in 2025-26, with bilateral trade reaching USD 151.1 billion.
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India's trade deficit with Beijing widened to USD 112.16 billion during the period.
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Note: Tom Suozzi has recently been appointed as the Vice-Chair of the bipartisan Congressional Caucus on India and Indian Americans. The Caucus is chaired by Ro Khanna.
