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India-US Trade Grows Modestly, but Exporters Struggle to Convert Enquiries to Orders

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The United States remained India's second-largest trading partner during 2025-26, with merchandise exports rising 0.92% year-on-year to $87.3 billion. Indian exporters have reported a noticeable increase in enquiries from American buyers, yet these have not translated into firm orders at the same pace. The gap between interest and actual purchasing suggests caution on the part of US buyers, possibly driven by trade policy uncertainty or pricing concerns. This trend highlights a challenge for Indian exporters looking to capitalise on growing American interest in sourcing from India.

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India-US Trade Grows Modestly, but Exporters Struggle to Convert Enquiries to Orders · ShortSingh