India’s exports to 115 countries defy odds
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New Delhi: India’s exports have increased to as many as 115 countries out of the total 238 destinations during 2023-24 despite the global economic uncertainties, according to Union Commerce Ministry’s data.
These 115 export destinations, which account for 46.5 per cent of India’s export basket, include the US, UAE, Netherland, China, UK, Saudi Arabia, Singapore, Bangladesh, Germany and Italy.
The country’s merchandise exports dipped by 3 per cent to $437.1 billion in the last fiscal. However, services exports rose to $341.1 billion in 2023-24 as against $325.3 billion in 2022-23. The data showed that despite persistent global challenges, overall exports (goods and services together) hit the highest level in 2022-23.
