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Which is the largest trading partner of India?
  • a)
    UAE
  • b)
    CHINA
  • c)
    USA
  • d)
    JAPAN 
Correct answer is option 'C'. Can you explain this answer?
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Which is the largest trading partner of India?a)UAEb)CHINAc)USAd)JAPAN...
US emerges as India's biggest trading partner in FY23 at $128.55 bn
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Which is the largest trading partner of India?a)UAEb)CHINAc)USAd)JAPAN...

Trading Partner of India

India's largest trading partner is the United States of America (USA). Here is why:

Trade Volume
- The trade volume between India and the USA has been steadily increasing over the years.
- Both countries have engaged in various trade agreements and collaborations.

Investment Opportunities
- The USA provides significant investment opportunities for Indian businesses.
- Many Indian companies have established a presence in the USA, further strengthening economic ties.

Technological Collaboration
- The USA is a hub for technological innovation and collaboration.
- Indian companies often partner with American firms for research and development projects.

Strategic Partnerships
- India and the USA share strategic partnerships in various sectors, including defense, energy, and healthcare.
- This collaboration has led to increased trade and economic cooperation between the two countries.

In conclusion, the USA is India's largest trading partner due to the growing trade volume, investment opportunities, technological collaboration, and strategic partnerships between the two nations.
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