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2024-06-16 07:57:56

India's Credit Expansion and the Risk of a 'Minsky Moment' on Nostr: India's Textile Exports Surge By 9.6% Despite Global Economic Challenges ...

India's Textile Exports Surge By 9.6% Despite Global Economic Challenges
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#79ab083b ver:0.39

India's textile exports grew by 9.6% in May 2024, driven by demand from Europe and the US. The country's manufacturing sector is set to receive external support as organizations focus on reindustrialization. India aims to double its export market share and achieve $1 trillion in merchandise exports by 2027-28. The favorable environment for manufacturing growth includes low wages, geopolitical stability, and multinational companies seeking to reduce dependence on a single country. Retail investors are advised to invest early, stay invested for the long term, and remain diversified in equities. #IndiaExports #ManufacturingGrowth #InvestmentAdvice...

#newstr #IndianTextileExports #GlobalEconomicChallenges #ManufacturingSector #IndianEconomy

https://here.news/story/79ab083b?ver=0.39
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