Business leaders accompanying US President Barack Obama on his visit here feel India has the potential to become America’s largest trading partner. “India is the United States’ 12th largest trading partner. It could be number one or two if the conditions for trade between these two giant economies continue to improve,” said The McGraw-Hill Companies Chairman and CEO Harold Terry McGraw III, who is also the Chairman of the US-India Business Council (USIBC).
USIBC is the premier bilateral business advocacy organisation between India and the US, whose members include top-tier US and Indian companies.