India’s electronics exports surged from $8.6 billion in 2015 to $42 billion in 2024. Electronics now account for 10% of export basket, making them India’s 2nd-largest export sector.
One of the steepest tariffs imposed by the Donald Trump-administration continue to deal a heavy blow to India’s textile, handicraft, apparel, gems and leather industries.
November exports to the US saw 10% growth from the previous month. Overall, in the first 8 months this fiscal, the merchandise exports to the US touched has touched $59bn.
Data shows Indian exports to the US in the first seven months of this financial year crossed $50 billion. Electronic & engineering goods, drugs & pharmaceuticals drive exports.
At a policy dialogue held by Chintan Research Foundation, experts discussed the importance of export-led growth & how need for innovation is more acute in a changing global trading regime.
As India-Russia trade decreases, India's April-July exports to the US this year increased by 21% compared to last year & imports from the US grew by 12%.
Electronics—specifically smartphones—& energy & pharma products make up 30% of Indian exports to US. 25% tariff on India came into effect Thursday, extra 25% to kick in by August-end.
Trade deal is set to cut average tariffs from 15% to 3%. Indian agricultural exporters are set to enjoy duty-free access in a number of sectors, similar to those from Germany.
Nick Jonas is not trying to modernise the mangalsutra, but his gesture shows that choices can be equal. If commitment must be flaunted, it need not be gendered.
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