New Delhi, April 1 -- April 1:As Prime Minister Narendra Modi prepares to embark on a visit to attend the 6th BIMSTEC Summit in Thailand from April 3-4, the key event is set to further strengthen India-Thailand economic and trade ties. In the ASEAN region, Thailand is the fourth largest trading partner of India after Singapore, Indonesia, and Malaysia.
Bilateral trade between India and Thailand stood at $16.04 billion in 2023, with exports from India to Thailand at $5.92 billion and imports at $10.11 billion. The fast-growing Indian market remains attractive for Thai investors, with vast opportunities available in infrastructure, agro and food processing, automotive and auto parts, pharmaceuticals and health, tourism, retail and renewable ...