"Trade and commerce form a crucial component of the rapidly expanding and multifaceted relations between India and US. From a modest $ 5.6 billion in 1990, the bilateral trade in merchandise goods has increased to $ 57.8 billion in 2011 representing an impressive 932.14% growth in a span of 21 years," according to the U.S.-based Embassy of India. Moreover "trade between India and the US has increased by 40% since the launch of the India-US Strategic Dialogue by the Obama administration three years ago and could cross the $100 billion mark this year. International trade, the exchange of capital,...


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