issued by the Ministry of Railways, from February 2023, Indian Railways will run its Bharat Gaurav Tourist Train on a route which will connect pilgrimage sites of Ayodhya in India and Janakpur in Nepal. The train service will connect the two most significant pilgrimage sites of both the nations. This initiative aims at strengthening the bilateral ties between the two countries while also boosting religious tourism. Trade India is Nepal's largest trade partner and the largest source of total foreign investments (China has been the largest source of FDI in Nepal from 2015 onward), besides providing transit for almost entire third country trade of Nepal in accordance with Indo-Nepal Transit treaty. India accounts for over two-thirds of Nepal's merchandise trade, about one-third of trade in services, one-third of foreign direct investments, almost 100% of petroleum supplies, and a significant share of inward remittances on account of pensioners, professionals and workers working in India, with nearly $1.2 billion per year remitted by Nepalese citizens in India back to Nepal. India accounts for 30% FDI into Nepal, which makes it one of the primary investors for Nepal. Nepal is the 9th largest trading partner of India. Nepal is also the 7th largest source of remittance to India, with $3.2 billion a year remitted from Nepal to India per the World Bank. In the year 2017–2018, Nepal's total trade with India was about US$8.2 billion; Nepal's exports to India were US$446.5 million; while imports from India were upwards of US$7.7 billion. In percentage terms, Nepal's trade deficit with India is approximately 1724%. Nepal's main imports from India are petroleum products (28.6%), motor vehicles and spare parts (7.8%), M. S. billet (7%), medicines (3.7%), other machinery and spares (3.4%), coldrolled sheet in coil (3.1%), electrical equipment (2.7%), hotrolled sheet in coil (2%), M. S. wires, rods, coils and bars (1.9%), cement (1.5%), agriculture equipment and parts (1.2%), chemical fertilizer (1.1%), chemicals (1.1%) and thread (1%). Nepal's export basket to India mainly comprises jute goods (9.2%), zinc sheet (8.9%), textiles (8.6%), threads (7.7%), polyester yarn (6%), juice (5.4%), catechue (4.4%), Cardamom (4.4%), wire (3.7%), tooth paste (2.2%) and M. S. Pipe (2.1%). Based on the high quantity of petroleum import from India, the countries are in talks for setting up new additional pipelines. In 2020, Nepal incurred the highest trade deficit with India amounting to US$6.1 billion. In 2022, Nepal exported electricity worth Rs10.38 billion