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India’s export landscape from April 2023 to January 2024 reveals a concerning trend, with goods exports amounting to $353.92 billion, marking a nearly 5% dip compared to the corresponding period in the previous fiscal year. The ongoing Red Sea crisis emerges as a critical factor, given its significance for 30% of global container traffic and … Cautious Optimism: India’s Economic Trajectory Amidst Red Sea Crisis and Global Concerns

India has steadily increased its share of global exports of goods and services, from 2.1% in 2016 to 2.5% in 2022. The country has a strong track record in exporting IT services, and in recent years, exports of goods have also picked up. The Indian government is actively working to make the country a major … From Shore to Ship: Navigating India’s Rise as an Export Hub

The Suez Canal, a linchpin in global trade, is facing significant disruption due to attacks by Iran-backed Houthi militants in the Red Sea. This has compelled major container shipping companies to suspend or pause services in the region, prompting over 100 container ships to reroute around southern Africa, bypassing the Suez Canal. This disruption, as … Global Supply Chains Under Stress: Understanding the Current Status of the Red Sea Shipping Disruption

India’s economic trajectory, as outlined in a recent government review report, is poised for significant expansion, aiming to reach the ambitious milestone of $7 trillion by 2030. This projection aligns with the broader vision of attaining developed economic status by the country’s 2047 centennial of independence. To ensure the sustainability of this growth, the report … Strategic Investments and Self-Reliance: India’s $7 Trillion Vision