Have India's exports hit a rough patch?
The effect of global slowdown has reached the Indian shores. Its merchandise exports contracted 3.5% in Sept due to a fall in demand. So have Indian exports hit a rough patch?
Team TMS New Delhi
The world economy is increasingly paying the price of the war in Ukraine, which has entered the seventh month now. Although the west is bearing the maximum brunt, Asian economies cannot remain untouched for long. The slowdown effect has reached the Indian shores too. Its merchandise exports contracted 3.5 per cent in September due to a fall in demand for Indian goods in the advanced economies. So have Indian exports hit a significant rough patch? Listen to this podcast to find out.
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First Published: Oct 05 2022 | 7:40 AM IST