Secretary McKinney Says “Great Opportunities for Trade” in India

Under Secretary of Agriculture for Trade and Foreign Agricultural Affairs, Ted McKinney led a team of 50  on an agribusinesses trade mission to India from October 30 to November 3. He met with government and industry officials, and Indian companies that import U.S. agricultural products. India is the 17th largest export market for the U.S., McKinney said.

“The response has been nothing short of overwhelming — warm and embracing at all levels is how I would describe it,” he said. “We’ve had many opportunities and real discussions about trade. There are great opportunities for trade.”

U.S. agricultural exports to India totaled $1.3 billion in 2016, with tree nuts, cotton, pulses, fresh and processed fruits and prepared foods accounting for more than 80 percent of those exports. India is  also a major market for U.S. ethanol exports. The United States is India’s top ethanol supplier, with sales totaling nearly $176 million last year, reports Agrinews.

“Trade is a two-way street. As long as rules are followed, we embrace imports to the U.S., as well,” added McKinney.
Top US Agricultural Exports to India, 2006-2016
Be Sociable, Share!
Posted on by Gunjan Bagla
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation. Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject. He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.


There are no comments yet...

Kick things off by filling out the form below.

Leave a Comment