The two nations doubled their GDP per capita in 16 and 12 years respectively while US took 50 years.
Asserting that US companies face strong barriers in the services sector in India, a top Obama Administration trade official on Thursday expressed concern over the trend toward compulsory local production in its 17th largest trading partner.
Francisco J Sanchez, US Under Secretary of Commerce for International Trade, on Thursday downplayed the issue of H-1B visa denial to Indian companies.
Concerned over the escalating competition from India and China, a top US official has asked the American companies to "flex muscles" and tap the expanding middle class in these countries.
The United States on Monday said infrastructure development in India is its top business priority and allayed concerns about protectionism in the American economy.
A day after Senate Republicans blocked passage of an anti-outsourcing bill, Democrat-led US on Wednesday made a conciliatory tone, stating the issue, which was an "irritant" in bilateral ties with India, can be "managed".
Seeking quick implementation of the civil nuclear agreement, the US has said it will be "tragic" for India if it forgoes this opportunity for a strategic partnership with the US.
US Under Secretary of Commerce for International Trade Franklin L Lavin, who will lead the largest American trade mission to India ever has said the delegation besides several senior administration officials will comprise 238 business leaders
The United States has said that it is taking up steps with India to finalise the civilian nuclear initiative by coming to an understanding on the 123 agreement that is currently under discussion by the two sides.
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