New Delhi, June 10 -- The energy partnership between India and the United States is evolving into a broader strategic collaboration spanning trade, investment, technology, infrastructure, and energy security - moving well beyond a conventional buyer-seller arrangement, according to a joint report released on Wednesday by the US-India Business Council (USIBC) and Grant Thornton Bharat.

The report, titled 'Strengthening the India-US Energy Partnership: Unlocking Hydrocarbon Opportunities through Investment and Collaboration', identifies hydrocarbons as a central pillar in both countries' ambition to grow bilateral trade to USD 500 billion by 2030.

Where the Opportunities Lie

The report finds significant scope for deeper cooperation acros...