The Confederation of Indian Industry (CII) in association with US India Business Council (USIBC) launched ‘$500 Billion Roadmap'. The report provides an assessment of current trends in U.S.-India trade and the policy reforms needed to set business ties on a faster growth trajectory. Specifically, the report has listed out 13 policy interventions to help boost trade between the two economies. The report also includes several case studies of "green field" growth potential in areas outside of the traditional industry verticals, apart from headlining three scenarios to reach the $500-billion target in bilateral trade. 
"There is increased focus on fostering greater synergies in the economic relationship between India and US. This is evident from the fact that the two-way trade between India and US has grown at an impressive compound annual growth rate (CAGR) of 11.8 percent over the last two decades", said Chandrajit Banerjee, Director General, Confederation of Indian Industry.  "However, to achieve the shared goal of reaching US$500 billion in trade from the current US$142 billion in 2018, would require renewed focus on tackling some of the irritants to unleash the full potential of the economic relationship", he added.
The report outlines the steps needed to facilitate greater trade and opportunity sectors that can unleash USD 500 billion in two way trade between the U.S. and India. In order to see a doubling and tripling of the trade relationship, the two countries must work out a trade deal that can open markets in both directions, according to Nisha Biswal, President, USIBC.