India and Vietnam are benefiting the most from the China plus one strategy, which is anticipated to create new growth opportunities for Asian economies, as per a report by Nomura released on Tuesday. The report predicts that India’s exports will surge to $835 billion by 2030 from $431 billion in 2023, driven by its large … Read more
New Delhi: Robust exports performance in electronic goods, particularly smartphones, and services sectors will help India contain the fall in growth rate of overall trade, which is expected to decline by 2.6 per cent in the current year, a report said. Economic think tank Global Trade Research Initiative (GTRI) in its report said that despite … Read more
Amazon is targeting exports of merchandise worth $20 billion from India by 2025 and it plans to reach this figure by adding thousands of small sellers to its e-commerce platform, the company said, adding that there’s a huge demand for “Made in India” products.“We are very encouraged by the number of entrepreneurs who signed up … Read more
BENGALURU: Growth in India’s dominant services industry lost some steam in August but overall conditions remained strong despite elevated inflationary pressures, according to a business survey that showed exports were at a record high on robust foreign demand.Tuesday’s findings, coupled with a sister survey on Friday which found factory growth expanded at its fastest pace … Read more