
What is hurting India's exports engine
Exports as % of GDP have remained rangebound in recent years.
Exports as % of GDP have remained rangebound in recent years.
Shifting assembly and procurement to India could lead to potential cost savings ranging from 25% to 40%, says Boston Consulting Group.
Chinese solar module imports to India declined by 76% or -7.5 gigawatt (GW) year-on-year (YoY), down from 9.8 GW in the first half of 2022 to 2.3 GW in the same period this year
Kant states that the country has a huge opportunity to helm the electric vehicle manufacturing segment
The S&P Global India Services PMI Index marginally falls to 60.1 in August from 62.3 in July.
Mobile phone shipments crossed the two-billion cumulative units mark under the 'Make in India' initiative during 2014-2022
India is a true command-and-control economy. Only a few policies can be attributed to ‘Make in India’ initiative and ‘National Champions’ growth model.
The decline in exports was partially softened by the resilience shown in services exports
Merchandise exports declined by 22% to $32.97 billion in June as against $42.28 billion in the same period last year.
Indian steel and aluminium exporters will see their market access restored by the U.S.