By Admin 
India US Trade Deal: A report by State Bank of India (SBI) regarding the recent trade deal between India and America has claimed that New Delhi can get huge economic benefits from this. According to the report, India’s trade surplus with America may cross 90 billion dollars. This increase is believed to be possible mainly due to the possible surge in Indian exports.
According to news agency ANI, the SBI report states that after the recent huge reduction in tariffs, exports of India’s top 15 products to America can reach $ 97 billion annually. Total exports may also cross the $100 billion mark. Reduction in duty on Indian products will open new opportunities for Indian exporters in the American market, which is likely to increase exports significantly.
Trade surplus with US
According to the report, India’s trade surplus with America is already showing signs of increasing. It had reached $40 billion in the financial year 2025, while in the financial year 2026 it stood at $26 billion during the period from April to December. If exports increase as projected, the trade surplus on an annual basis could exceed $90 billion, which could amount to about 1.1 percent of India’s GDP.
At present, India sends about 20 percent of its total exports to America, while imports from there are only around 7 percent. America’s share in the services sector is also about 15 percent. It is clear from these figures that till now American goods and services have had relatively limited access to the Indian market, whereas Indian products have a strong position in the American market.
Big opportunity for Indian exporters
Regarding imports, the report also mentions that India has committed to buy goods worth $500 billion from America in the next five years. In such a situation, it is estimated that about 50 billion dollars can be exported from America to India annually, which does not include the service sector. If tariffs are further reduced or exempted, exports of agricultural and other products from the US could increase to $55 billion.
Overall, the SBI report indicates that this trade deal could prove to be important for India in terms of export expansion, increase in trade surplus and positive impact on GDP.