Diversification strategy bears fruit! Non-US markets offset some US export losses
India’s export diversification strategy is showing early success following a 50% US tariff. Sectors like cotton garments, marine products, and tea are finding new markets in Asia, Europe, and the Middle East, offsetting declines in US shipments. This shift is seen as healthy for India’s export growth.
from Times of India https://ift.tt/UHJdNVc
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