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The Economic Times
The Economic Times

India-US energy cooperation could help drive USD 500 bn trade goal by 2030, report says

United States India The United States crude oil Grant Thornton Bharat Oil

New Delhi: Deeper cooperation in hydrocarbons could play a key role in helping India and the United States achieve their goal of expanding bilateral trade to USD 500 billion by 2030, according to a report released by the US-India Business Council (USIBC) and Grant Thornton Bharat.

The report, titled Strengthening the India-US Energy Partnership: Unlocking Hydrocarbon Opportunities through Investment and Collaboration, said the two countries' energy relationship is evolving beyond a traditional buyer-seller dynamic into a broader strategic partnership encompassing trade, investment, technology, infrastructure and energy security.

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