How India's Growing Middle Class Is Reshaping Trade

India's inflation hit 4.38% in June, but that's only part of a bigger story. In this episode, Lucas and Luna unpack how India's rapidly expanding middle class is becoming a major export market for US goods and services — from aircraft to software — and how that shift is subtly changing the composition of the US trade deficit. They look at the numbers: US exports to India have grown at a 12% compound annual growth rate over the past decade, outpacing exports to China. With China's consumer demand softening, India's import appetite is filling some of the gap. But can India's infrastructure keep up? And what does this mean for the bilateral trade balance? A data-rich look at the world's fifth-largest economy and its growing role in global trade flows. #India #TradeDeficit #USIndiaTrade #MiddleClass #Exports #Imports #BalanceOfPayments #Inflation #EconomicGrowth #CAGR #Boeing #SoftwareExports #GlobalTrade #Economics #FexingoBusiness #BusinessPodcast #TheTradeDeficitPodcast #EmergingMarkets Keep every episode free: buymeacoffee.com/fexingo