India Trade Relations

What You Need to Know

Two years ago, India’s Prime Minister Narendra Modi declared that India was “open for business.” Since then, the Modi government has announced a string of high-level initiatives and some steps to boost investment.

The NAM's latest scorecard shows at best a mixed record of success, with insufficient progress on many of the same trade and market access barriers that have long troubled manufacturers trying to invest and trade in India.

The Modi government must take concrete steps to address these barriers—many of which were highlighted in the NAM's May 2016 priorities for the U.S.-India commercial relationship—in order to build a strong, robust bilateral relationship that would benefit both countries.

Latest News From the NAM
Modi’s Mission to ‘Open Up’ U.S.-India Trade is Still a Work in Progress

“Businesses and manufacturers in the United States are eager to collaborate with Indian businesses to jumpstart innovation and growth in both countries, and to work with India to make real progress on issues that can help the nations’ relationship and our economies grow. Now is the time to turn Prime Minister Modi’s rhetoric into reality, and solidify a strong trade and investment relationship between the U.S. and India that would benefit businesses and consumers in both countries.”

NAM Vice President of International Economic Affairs Linda Dempsey, in Morning Consult, June 7, 2016

NAM in the News

Press Releases

  • 05/02/2016
    Manufacturers Call on Government to Address Key Issues with India
    The NAM released a set of priorities today outlining specific steps the U.S. and Indian governments should take to ensure productive outcomes from upcoming dialogues and engagements, including Indian Prime Minister Narendra Modi’s U.S. visit in June.
  • 03/26/2015
    New Poll Shows Americans Continue to Overwhelmingly Support Trade Agreements
    Likely general election voters across the political spectrum remain supportive of trade agreements with additional countries that open overseas markets for goods manufactured in the United States and continue to overwhelmingly believe Congress and the President should work together to seek new trade deals, according to new polling data.
  • 12/16/2014
    US European Industries Urge Stronger Trade and Investment Ties with India
    On behalf of businesses across Europe and in all 50 U.S. states, the heads of the NAM and more than a dozen other organizations today sent a joint letter to Indian Commerce and Industry Minister Nirmala Sitharaman urging action on trade and investment barriers that are preventing overseas firms from contributing fully to India’s economic growth.

  • 10/28/2015
    The Path to Economic Growth in India: Welcome New Business and Innovation
    U.S. Trade Representative (USTR) Michael Froman and Indian Commerce and Industry Minister Nirmala Sitharaman will meet October 29 for the U.S.-India Trade Policy Forum in Washington, D.C., to examine and move...
  • 06/17/2015
    Is India “Open For Business”?
    Members of Congress, policy experts, economists, and industry leaders gathered at the Newseum in downtown Washington, D.C., yesterday morning for a policy breakfast briefing event to examine an important question:...
  • 12/16/2014
    Out of Cycle, Out of Touch
    USTR Gives India’s Weak IP Policies a Pass India got a pass when the Office of the U.S. Trade Representative (USTR) dropped its out-of-cycle review of that country’s abysmal IP regime, which consistently...
  • 10/28/2014
    Breaking Down Barriers is Key to Building Up India’s ICT Industry
    Since Indian Prime Minister Modi took office in May, he has encouraged investor optimism at home and abroad by vowing to open greater opportunities to trade with and manufacture in...
  • 08/20/2014
    Moving the U.S.-India Relationship from Aspirations to Action
    In his recent Independence Day speech, India’s Prime Minister Narendra Modi laid out his vision for a future driven by innovation and aimed at improving the lives of all Indians....