Key Points
The United States has emerged as India's top trading partner in January-June this year, while the country has recorded its highest trade deficit of $41.6 billion with China during the period, think tank Global Trade Research Initiative (GTRI) said Friday...
Imports from Russia grew to $34.4 billion from $30.8 billion, a 11.65% increase.. It also said the country's merchandise exports rose 5.41% to $230.51 billion during the first half of 2024, led by sectors like iron ore, pharmaceuticals, precious stones, basmati rice, chemicals, and smartphones...
In the first half of 2024, China remained the largest import supplier, with imports increasing from $46.2 billion to $50.1 billion.. "India should continue to focus on increasing product quality and supply chain competitiveness..
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