India-US Trade Deal: PM Modi’s First Response On Joint Statement With ‘Make In India’ Twist
India-US trade deal framework announced, with PM Modi praising it as a "Make in India" boost. India cuts tariffs on US nuts, fruits, wines and feed. US adds 18% on Indian textiles and machinery but exempts drugs, gems and aircraft parts, easing security barriers.
PM spotlights supply chain and tech gains including GPUs and data centers. He notes $500B India buys of US energy, planes and coal over 5 years, plus cleared ICT and device hurdles, gearing up digital trade rules for fair growth and innovation.
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