In a strategic shift, government eyes exports beyond US
India is strategically shifting its export focus beyond the US, aiming for diversification due to concerns about over-reliance on specific markets and weaponized supply chains. The government is actively pursuing trade agreements with Europe, exploring opportunities in Africa and CIS countries, and devising strategies for 50 nations to reduce dependence on China and enhance global value chain participation.🕒 1 min read
India is strategically shifting its export focus beyond the US, aiming for diversification due to concerns about over-reliance on specific markets and weaponized supply chains. The government is actively pursuing trade agreements with Europe, exploring opportunities in Africa and CIS countries, and devising strategies for 50 nations to reduce dependence on China and enhance global value chain participation.
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