Columnist-M.S.Shanker

India’s Export Boom Amid Global Slowdown

India’s export performance has seen a significant surge in the fiscal year 2023-24, even amid global economic uncertainties. Recent data highlights robust growth in both merchandise and services exports, positioning India as a major player in the global trade landscape. This growth, driven by strategic initiatives and sectoral strength, reflects India’s resilience despite geopolitical challenges….

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Maritime: India Rises, Breaks China’s Grip

For decades, India’s maritime sector has incurred substantial financial losses due to dependency on foreign shipping companies, primarily from China. With a current reliance on Chinese shipping to transport imported and exported goods, India spends approximately $85 billion on maritime trade annually, with $60-70 billion funnelled directly into Chinese shipping companies’ pockets. Recognizing this economic…

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