StatsGuru:Tracking the key numbers behind India's relationship with the United States

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Business Standard
Last Updated : Sep 28 2015 | 2:13 AM IST
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Economic relations between India and the United States have deepened significantly over the past decade and more. Trade has multiplied manifold, as Table 1 shows - and has, importantly, remained relatively balanced.

The composition of trade has changed, however. As Table 2 notes, pharmaceuticals have become a major export for India to the US. And while high technology remains a significant component of imports from the US, gold last year was the most imported item, as displayed in Table 3.

Another component of the economic relationship is migration. Table 4 notes the immigrant population of Indians has doubled since the beginning of the century. Indian immigrants are overwhelmingly more likely to be engaged in high-value occupations, as shown in Table 5. Indian immigrants also differ from other immigrants in being more likely to be recent arrivals, as

Table 6 demonstrates. Table 7 shows where they settle - California, home of Silicon Valley, is a stand-out state here, followed by New Jersey on the East Coast. And, as Table 8 reveals, their remittances are a major source of foreign exchange now.

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First Published: Sep 28 2015 | 12:30 AM IST