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India is the world’s most populous country and boasts one of the fastest growing economies in the world. As Indian households continue to reach higher levels of consumer spending, imported agricultural products are becoming more accessible to a larger number of people.

On September 5, 2023, and just in time for the G20 New Delhi Leaders’ Summit, India’s Ministry of Finance issued Notification No. 53/2023 (Customs), officially notifying the lifting of retaliatory tariffs imposed in 2019 on U.S.-origin almonds, apples, chickpeas, lentils, and walnuts effective September 6, 2023.

Through its phased-in tariff reductions, the agreement will raise challenges for U.S. products including wine and spirits, cotton, pulses and beans, forest products, and tree nuts.

The Indian HRI sector continues to expand as consumers increasingly demand a greater variety of food and beverage products at hotels and restaurants.

On November 2, 2018, the Government of India’s (GOI) Ministry of Finance (MOF) extended the implementation date of an increase in the Basic Custom Duty on several U.S. agricultural products....

On September 17 2018, the Government of India’s (GOI) Ministry of Finance (MOF) extended the implementation date of an increase in the Basic Custom Duty on several U.S. agricultural products....

On August 3, 2018, the Ministry of Finance (MOF) issued a notification delaying the implementation date of tariff increases on several U.S. agricultural products....

Line graph comparing U.S. agricultural trade to and from India. In 2016, the U.S. imported $2.1 billion, while exporting $1.3 billion worth of agriculture.

Graphic illustrating the distribution of India's agriculture imports from the world, which topped $16.9 billion in 2016.

Graphic illustrating the top U.S. agricultural exports to India from 2006-2016.

Infographic discussing U.S. agricultural trade to India which topped $1.3 billion in 2016.

U.S. exporters who want to enter or expand in India’s market have an array of opportunities available due to the country’s growing population and increasing demand for food and agricultural goods.