India and USA have developed their trading relations into “global strategic partnership” based on long term relations with each other. Both the countries have more than 50 dialogue mechanisms in place that stretch over security, education, science and technology, cyber security etc. Off lately ties between both the countries have deepened. While the USA is India’s second largest trading partner, India is USA’s eleventh largest trading partner. In the future India is targeting to increase its bilateral trade with the USA from $500 billion to over $100 billion in the near future.
Talking about the exports, there are three major products that are exported from India to the USA namely, gems and precious metals, pharmaceuticals and oil. In the year 2015, an export total of $46.6 Billion took place from India to the USA. When it comes to imports, products like IT services, textiles, machinery, gems and diamonds, and gold are imported from the USA to India. In the year 2015, products worth of $20.5 Billion were imported from the USA to India.
It may also interest you to know that Maersk and MSC are the major shipping lines facilitating an end to end logistics services to its customers for exports taken from India to the USA. Also, the average transit time taken for a shipment to reach the USA from India is 35-40 days. Considering the ever-growing future of maritime trade, we are sure to witness a further boost in the exports from India to the USA.
India and USA have developed their trading relations into “global strategic partnership” based on long term relations with each other. Both the countries have more than 50 dialogue mechanisms in place that stretch over security, education, science and technology, cyber security etc. Off lately ties between both the countries have deepened. While the USA is India’s second largest trading partner, India is USA’s eleventh largest trading partner. In the future India is targeting to increase its bilateral trade with the USA from $500 billion to over $100 billion in the near future.
Talking about the exports, there are three major products that are exported from India to the USA namely, gems and precious metals, pharmaceuticals and oil. In the year 2015, an export total of $46.6 Billion took place from India to the USA. When it comes to imports, products like IT services, textiles, machinery, gems and diamonds, and gold are imported from the USA to India. In the year 2015, products worth of $20.5 Billion were imported from the USA to India.
It may also interest you to know that Maersk and MSC are the major shipping lines facilitating an end to end logistics services to its customers for exports taken from India to the USA. Also, the average transit time taken for a shipment to reach the USA from India is 35-40 days. Considering the ever-growing future of maritime trade, we are sure to witness a further boost in the exports from India to the USA.
We understand that the movement of freight is key to keeping the wheels of international trade and business turning. That is why we are applying technology to ensure that the movement of freight is simplified.
We are here to chart a new course for the freight industry, by enabling a simpler, smoother and seamless freight booking experience. We do with a data-driven technology solution to provide instant rates for everyone in the freight ecosystem, and to help grow your business. Our technology works to make sure that if you want to move cargo anywhere in the world we provide the simplest, most efficient and real-time solution providing you with choice and the power to save money.
With our systems and processes working ceaselessly behind the scenes coupled with best-in-class offline support and services we are truly simplifying freight.