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business
oi-Sanjeev Kumar
Updated: Friday, June 23, 2023, 20:11 [IST]
Prime Minister Narendra Modi’s visit to America has been in the news a lot. Many major agreements have been signed between India and America in this tour. These include railways, fighter jets to drones. Apart from this, agreements have also been signed in semiconductor plant, technology, jet engine and space sector. Let’s try to know today in the midst of these deals, which 5 goods of India are heavily used by America.
metal and stone
America imports the most precious metals and stones from India worth $ 11 billion. The people of America are very fond of precious metals and stones. India benefits a lot from the use of these metals by America. Precious metals are commonly used in jewelry, industrial processes, or very often as investment vehicles.
indian spice
People in America use Indian spices a lot. Indian spices exports grew by 23% to $359 million. Turmeric has long become famous in the American market. India’s turmeric is used the most in America.
medical devices
Indian Medical Equipments are world famous products which are exported in superior quality to overseas market. Pharmaceutical exports from India is one of the largest industries that exports from India to the United States. This includes common items such as surgical disposables, surgical face masks, bandages, absorbent gauze, surgical caps, crepes, sterile gloves, etc.
mineral fuel
America also buys mineral fuel from India. The US buys about $3.2 billion in fossil fuels from India. Such minerals which are used as fuel are called fuel minerals. These are found in sedimentary rocks. For example – coal, petroleum, natural gas.
machinery
America also buys machinery products from India. America buys about 3.3 billion dollars of machinery from India.
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english summary
There is a huge demand for Indian goods in the American market. There are 5 such goods of India which America uses fiercely.
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