Indian exporters may raise their exports of top 15 items to the US by $97 billion a year following the US-India trade deal, SBI estimates.
Including the remaining items, the potential may easily cross $100 billion, it said.
The net impact of the deal on India’s GDP would be close to 1.1 per cent.
An indirect impact in the form of forex reserves savings due to zero or reduced US import duty is $3 billion.
Including the remaining items, the potential may easily cross $100 billion, it said.
The net impact of the deal on India’s GDP would be close to 1.1 per cent.
An indirect impact in the form of forex reserves savings due to zero or reduced US import duty is $3 billion.
