New Delhi, Feb. 4 -- The trade agreement with the US will help India position itself more strongly globally, as the country needs to expand capabilities across a range of sectors, including energy, aviation, data centres, critical minerals, and nuclear energy.

In a statement in the Lok Sabha on Wednesday, Union commerce and industry minister Piyush Goyal said the US is a global leader in many of these areas, and engagement with Washington would not only help India meet its procurement needs but also create fresh opportunities for Indian exports.

Goyal said that India's approach to the India-US trade talks has been guided by a long-term strategy of diversifying sources of supply in line with changing international strategic conditions. A...