India’s largest import from the United States could come down sharply once the White House changes to blue in January. Crude is India’s largest import from the US. Yet the imports are more of an expression of political statement of friendship between New Delhi and Washington DC than an economic necessity, and so carry a high cost for India.
While it will be a big challenge for the incoming Joe Biden administration to cut back on the fossil fuel-led energy ties with India, another beneficiary could be the India-led International Solar Alliance. US had been implacably opposed to the role