India-US Trade: Exports rebound in November; supply-chain shifts and holiday restocking drive recovery, says GTRI

India’s exports to the US rebounded in November after two months of continuous decline. growing by 22.61% to reach $6.98 billion. This was largely driven by upply-chain adjustments and pre-holiday season inventory restocking, according to the Global Trade Research Initiative (GTRI). The trade data shows imports from the US also grew significantly, jumping 38.29 per cent to $5.25 billion during the month.