India turns to BRICS as exports surge and trade pressure from Washington grows
Bangladesh, Sept. 22 -- India is increasingly turning toward major emerging markets to expand its export base, with trade to the core BRICS economies recording a sharp increase in the first five months of the current financial year. The rise has been led by stronger shipments to China, highlighting a notable shift in India's commercial relationship with its largest Asian neighbor at a time when New Delhi is also facing renewed trade pressure from Washington.
Indian exports to China, Russia, Brazil and South Africa reached approximately $19.9 billion between April and August, compared with $14.9 billion during the same period a year earlier. The 34 percent increase underscores the growing importance of BRICS markets to India's trade stra...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.