Modi and Trump launch Mission 500 to boost US-India trade to $500 billion by 2030

During Prime Minister Narendra Modi's recent two-day visit to the United States, he and President Donald Trump announced 'Mission 500.' This initiative aims to more than double bilateral trade to $500 billion by 2030. The leaders committed to negotiating a Bilateral Trade Agreement by fall 2025. They will designate senior representatives to ensure the agreement aligns with the goals of 'COMPACT,' a new initiative focused on military partnership and technology. The US and India plan to enhance trade by improving market access, reducing barriers, and integrating supply chains. This marks a significant step in strengthening economic ties between the two nations.