New Delhi, Feb. 5 : Commerce Secretary G K Pillai on Thursday revealed that trade between India and the United States has grown by 25 percent in the last two years.
Speaking at the first India-USA Plastics Industry Summit 2009, Pillai said exports between India and US grew at 11 percent whilst non-oil imports stood at 25 percent.
Although certain sectors are affected amid financial crisis, but overall, the trade balance has been in favour, said Pillai, adding that in the last three months alone India has received Foreign Direct Investment worth seven million dollars.