Speaking at the CNBC-TV18 Global Leadership Summit 2025 — 2nd Edition, NITI Aayog CEO BVR Subrahmanyam expressed confidence that India’s proposed Bilateral Trade Agreement (BTA) with the United States could see some positive developments by the end of November. Around the same time, he said, the National Manufacturing Mission is expected to become operational.

“I think things have been a bit difficult with the United States, and I think a reset is being tried. The trade negotiations are on. Hopefully, by the end of the month, we may hear some news on that front,” he said.

Noting that New Delhi continues to attract a steady stream of foreign investors, Subrahmanyam added, “You have American companies opening global capability centres in India. You don’t see anybody leaving. That basical

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