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India–US trade deal expected by November end as manufacturing push gains pace

India and the U.
India’s NITI Aayog CEO B V R Subrahmanyam said a positive development on the bilateral trade agreement (BTA) between India and the U.S. is likely by end-November.
He also noted that the National Manufacturing Mission will be activated soon, aligning with India’s aim to boost exports and manufacturing capacity. The push supports strategic goals of self-reliance and technology transfer.
Markets will monitor how the deal impacts India’s export sectors, inward investment, and whether any safeguards or tariff concessions are included ahead of next year’s budget cycle.