New Delhi, June 23 -- Given that India has much higher tariffs than those imposed by the US, the impending bilateral trade agreement (BTA) -- that would reduce tariffs-- is set to increase the US's exports to India more than vice versa, according to an analysis by Crisil.

India would be able to import more energy products, certain agricultural products, and defence equipment, among others, from the US, Crisil said in a 'Quickonomics' report.

India, according to Crisil, should be prepared to see more imports from the US under the bilateral trade agreement (BTA). A lowering of tariffs under the BTA would make US goods more competitive in India, it argued.

"This is because India's tariffs are much higher than those of the US, and bringing...