trade deficit India October export growth 17.3%

Christmas Orders Push October Goods Exports To A 2-year High Of 17.3%

India’s merchandise exports surged by 17.3% in October, reaching $39.2 billion—the highest growth in 28 months. This increase was driven by higher demand from developed markets ahead of the Christmas season and strong shipments from key sectors like engineering goods, chemicals, and electronics. However, despite the robust export growth, imports...