The report further rejoices in the generation of more than 4,25,000 jobs in various states across the USA. The effect of India’s bilateral trade with the USAThe bilateral trade between India and USA trade has increased to approximately $129 billion in 2023. The revenue generation and technology innovations lead to the overall improvement of the mother companies located on Indian soil. The continuous decrease in jobs have led most Indian workers to follow a pattern of continuous skilling, reskilling, and upskilling. It is hoped that the 163 companies that have invested in the USA will also continue to expand their operations in India.

Source: The Hindu May 08, 2023 13:55 UTC