Services Exports Drive Reduction in India Quarterly Trade Deficit
क्यों है महत्वपूर्ण
This data illustrates structural shifts in India's external sector, particularly the reliance on services exports to bridge the merchandise trade deficit. It also highlights the success of policies aimed at boosting domestic manufacturing (such as the PLI scheme), as seen in the sharp rise in electronics exports, and underscores strategic trade dependencies on countries like the US, UAE, and China.



