India seeks tech parity and trade concessions in US pact talks

India is preparing to urge the United States to ease export controls and grant it access to critical technologies under the proposed bilateral trade agreement. India is aiming for treatment similar to that received by key US allies such as Australia, the UK, and Japan.

Sectors including telecom equipment, biotechnology, AI, pharmaceuticals, quantum computing, and semiconductors are expected to be part of India’s demands, sources said.

Alongside tech access, India plans to request duty concessions for its labour-intensive industries. Key sectors like textiles, gems and jewellery, leather goods, garments, plastics, chemicals, shrimp, oil seeds, grapes, and bananas are high on India’s agenda for reduced tariffs.

These sectors are seen as vital to boosting India’s exports and supporting its domestic workforce. The United States, in return, is seeking tariff reductions for its exports of industrial goods, electric vehicles, wines, petrochemical products, dairy items, and agricultural produce such as apples and tree nuts.

Both sides are aiming to strike a mutually beneficial deal, although balancing these competing priorities could present a major challenge in the negotiations.

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