New Delhi, Aug. 12 -- The commerce ministry has shortlisted 50 countries as priority markets for diversifying exports to cushion the impact of steep US tariffs on Indian goods, two senior government officials said.
These nations, spread across the Middle East, Africa, Latin America, Europe, and other key regions, together account for nearly 90% of India's outbound shipments.
The plan focuses on redirecting goods affected by the tariff escalation - including textiles, seafood, engineering goods, gems and jewellery, petroleum products and chemicals-to alternative buyers through targeted trade promotion and market access initiatives.
Meetings are taking place in the commerce ministry to draw up alternative plans for routing the affected p...
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