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Diversification bearing fruit; exporters cheer
The Free Press Journal - Indore
|October 20, 2025
The sweeping 50% tariff by the US on Indian goods is hurting exports to America, but the exporting community is pushing exports to other geographies
Reflecting a clear trend of market diversification, Indian exporters registered positive growth in 24 countries during the first half of the current fiscal year, even as shipments to the US declined due to high tariffs in September, official data showed.
These 24 countries include Korea, UAE, Germany, Togo, Egypt, Vietnam, Iraq, Mexico, Russia, Kenya, Nigeria, Canada, Poland, Sri Lanka, Oman, Thailand, Bangladesh, Brazil, Belgium, Italy and Tanzania.
This story is from the October 20, 2025 edition of The Free Press Journal - Indore.
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