India is one of the largest and fastest growing economies in the world. In the past, India was not involved in global markets because it wanted to protect its economy and self-reliance. But in recent years, India's economic power has grown. Like other developing countries, India uses trade as an engine of development. Its service and manufacturing fields have developed rapidly. Foreign trade focuses on export and import taxes and quantitative restrictions. In 2012, India imported $500.3 billion worth and exported $309.1 billion worth of goods (Factbook). The imported goods are machinery, fertilizers, iron and steel, food grains and crude oil. It exports textile products, jewelry, engineering goods, petroleum products and agricultural products. Changes have taken place in India's trade structure. It has not exported much in the last 10 to 15 years because the government has neglected its trade policy. During this period, imports increased due to industrialization, consisting of raw materials and consumer goods. Since liberalization, India's foreign trade has increased. India's economic growth rate reached around 6 percent in 2001 ( ). After trade liberalization, India experienced positive growth. Liberalization of trade policy has contributed to India's economic growth. Trade in goods and services increased from 16 percent in 2001 to 47 percent in 2010 ( ). India exports about 1.44 percent and imports 2.12 percent for global trade in goods and services (OECD). Its main trading partners are the United States, China, the European Union and the United Arab Emirates. In 2010, its exports increased to $14 billion and its imports to $20 billion and for the same year its trade deficit decreased significantly...... middle of paper ...... I entries. India has received projects from other countries based on Greenfield projects, acquisitions and mergers. Mumbai ( ) is an example of a city that has received the largest Greenfield projects in India. Growth in U.S. investment in India has increased, but the country still remains a small destination for U.S. foreign investors. So, we know that the United States considers India as a growing nation in relation to American foreign investors. They are therefore considered an important source of FDI in India. However, there are some elements that could increase India's importance to U.S. companies seeking foreign investment opportunities. American multinational companies facing rising labor costs can invest in India because of its large, well-educated, English-speaking workforce. India and the United States share economic and trade problems and are both members of the WTO, IMF and World Bank..