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Analysing India's trade deficit: Impact of textile exports

08 Jun '24
89 min read
Analysing India's trade deficit: Impact of textile exports
Pic: Adobe Stock

Insights

  • India's trade deficit has been rising due to challenges in export financing, poor infrastructure, and reliance on imported inputs.
  • The textile industry, a consistent trade surplus contributor, saw a decline in exports and imports post-pandemic.
  • Factors such as geopolitical tensions, higher production costs, and global economic slowdown impacted trade.

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