India s textile exports decline for the second year in a row due to geopolitical issues impacting the global economy. Learn more about the challenges faced by the textile sector and the efforts to boost exports.
India Business News: India's textile exports faced a decline for the second consecutive year in 2023-24 due to geopolitical issues impacting the global economy. Learn about the factors contributing to the decline and the outlook for the industry.
External Affairs Minister S Jaishankar said on Friday said that the trade turnover between India and the Dominican Republic has reached almost $1 billion, adding that a lot of trade is done in pharmaceuticals, marine, gold and paper products.
Trade between India and the Dominican Republic had reached nearly USD 1 billion, with significant trade in pharmaceuticals, marine, gold, and paper products.
Addressing the India-Dominican Republic Business Event in the Dominican Republic, Jaishankar said, "So this is very much, therefore, a diplomatic trip. It is a political trip, but it is, ofcourse, a business trip. Where the Dominican Republic is concerned from a trade we had of USD 12 million before we established diplomatic relations 20 years ago, it has today reached almost a billion dollars. And a lot of our trade is in pharmaceuticals, in marine products, in two and three-wheelers, in iron and steel, in gold and in paper and paper products."