NEW DELHI : India’s exports to the United States have shown a consistent upward trend, valued at USD 77.5 billion in the financial year 2024 (FY24), marking a growth rate of 10.3 per cent compounded annually (CAGR) over the last 30 years, according to a report by Bank of Baroda.

However, the global financial crisis in 2008 slowed down growth until FY10. Since then, the growth in exports to the US has consistently outpaced the overall export growth, underscoring the growing importance of the American market for Indian exports. The report highlights that India’s . . .