American companies criticize India's trade policy
US businesses say India sets up trade barriers to put foreign competitors at disadvantage
WASHINGTON (AP) -- American companies are complaining to Congress about what they say are trade barriers set up by India that put foreign competitors at a disadvantage.
Advocates for the U.S. pharmaceutical, information technology and agricultural industries aired their grievances Wednesday to a House subcommittee.
Lawmakers are grumbling, too, about policies they contend favor Indian producers.
Trade between the two countries has expanded over the past decade and is approaching the $100 billion mark. But experts say it's small considering the size of the two economies.
U.S. companies are pointing out the trade barriers and protectionist policies in place at a time when India is undertaking market-opening reforms.