India Exports: The analysis has shown that India has penetrated into what are termed as "absolutely new markets" in regions such as Africa, Central Asia, Latin America and North America during April-December 2023.
India has registered a 3.1% rise in January in outbound shipments despite the Red Sea crisis but high freight costs have impacted fertilisers as India heavily depends on West Asia, especially Israel and Jordan, for it. Medium impact is seen on crude oil and pharma
Arvind Panagariya, chairman of the Sixteenth Finance Commission, emphasized the need for India to focus on exports to achieve a 10% growth rate. He highlighted the importance of following China s strategy. Panagariya also stressed the need for states to prioritize labor-intensive industries and create special zones.
Rahul Nath Choudhury | East Asia Forum eastasiaforum.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eastasiaforum.org Daily Mail and Mail on Sunday newspapers.
India’s merchandise exports reported a 3.12% increase to $36.92 billion in January despite global headwinds, showing positive growth for the second consecutive month. | Latest News India