Indian exports to GCC grew by 44 per cent in the financial year 2021-22 (FY 2021-22) to $43.9 billion compared to last fiscal’s $27.8 billion with the UAE leading the trade with 68 per cent growth, valued at $28 billion against $16.7 billion in 2021, the Federation of Indian Export Organisations (FIEO), the apex body of the country’s Export
Indian exports to GCC grew by 44% in FY2021-22 to $43.9 billion compared to last fiscal’s $27.8 billion with the UAE leading the trade with 68% growth, valued at $28 billion against $16.7 billion in 2021.
Indian exports to GCC grew by 44% in FY2021-22 to $43.9 billion compared to last fiscal’s $27.8 billion with the UAE leading the trade with 68% growth, valued at $28 billion against $16.7 billion in 2021.
Indian exporters should wait for the dollar to pullback from its recent high before hedging their future receipts in currencies other than the greenback, analysts said on Thursday.