News – Increasing demand for Indian goods, decade old export record broken in November
Even though America has imposed 50 percent tariff on India, in response to this, India has established new trade relations with many countries and increased its exports. Its effect was also visible in the November figures. In the month of November, the country’s exports not only reached a record level, but also broke the 10-year record. On the other hand, there has been a decline in the country’s trade deficit in the month of November. The trade deficit was estimated at 30 billion dollars, which was less than the actual trade deficit figure of 25 billion dollars. Which is the lowest in 5 months. Apart from this, there has also been an increase in exports to America. Let us also tell you what kind of data has been seen in the government figures.
Comments are closed.