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This story is from June 14, 2005
India readying plan for China-like grip on US
NEW DELHI: India is strategising to secure China-like quantum jump in its exports to the huge US market.
The newly-constituted trade and economic relations committee (TERC), chaired by PM Manmohan Singh, in its first meeting on Monday discussed the outline of a medium-term strategy to be in place before the PM's July visit to the US, officials said.
In addition, trade in services and investment flows will be the focus areas of India's US strategy. An India-US free trade agreement in services has been mooted at bilateral business fora: the proposal may now get an official push.
In commerce ministry's assessment, there is an immense scope for expanding India's export base.
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