US Trade Delegation to Explore Agribusiness Opportunities in India
US Trade Delegation to Explore Agribusiness Opportunities in India
Share:

A high-profile delegation from the United States is set to visit India later this month to delve into the vast opportunities within the country's booming agribusiness sector. The mission aims to bolster trade ties and introduce more American products to India's growing middle-class market.

Under Secretary of Agriculture for Trade and Foreign Agricultural Affairs, Alexis Taylor, emphasized the significance of India as a key market for US agribusinesses. She highlighted India's status as the fifth-largest economy globally and its increasing household food purchases, making it an attractive prospect for US exporters.

Led by Taylor, the US Department of Agriculture (USDA) will conduct a trade mission from April 22 to 25 in Delhi. Taylor noted the familiarity of Indian consumers with American food products and their rising purchasing power, presenting a prime opportunity for US producers.

During the mission, participants will engage in targeted business meetings and site visits to forge new trade connections, strengthen existing partnerships, observe US products in the Indian marketplace, and identify emerging consumer food trends. They will also receive comprehensive market briefings from USDA's Foreign Agricultural Service and industry experts.

Last year, India eased tariff requirements for various US agricultural products, including poultry, vegetables, fruits, pulses, and tree nuts, which enhanced the trade relationship between the two countries. The upcoming mission aims to build upon these developments and secure new purchase agreements for American farmers, ranchers, and producers.

The trade delegation underscores the commitment of both nations to foster mutually beneficial trade relations in the agribusiness sector.

India-US Defense Cooperation Gains Momentum in Hawaii Summit

Join NewsTrack Whatsapp group
Related News