INDIA’S EXPORT DIVERSIFICATION STRENGTHENS TRADE RESILIENCE AMID WEST ASIA TURMOIL
Why in the News? India’s merchandise exports surged 19.6% year-on-year to $44.2 billion in July 2026, despite disruptions caused by the continuing conflict in West Asia. Exports to West Asia itself recovered by 8.8%, while shipments to China, Africa and several East Asian economies increased significantly, highlighting India’s growing export-market diversification. However, the overall trade…
