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2024-07-13 11:09:01

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

Indian Textile Exports Surge Despite Global Economic Challenges
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#79ab083b ver:0.41

Despite global economic challenges, India's textile exports experienced significant growth in May 2024, with a 9.59% increase compared to the previous year. Apparel exports also saw a rise of 9.84%. The growth is attributed to demand revival in traditional export markets like Europe and the US. India's manufacturing sector is expected to receive stronger external support as organizations in the US and Europe focus on reindustrialization. The Indian economy closed the previous financial year strongly, and high-frequency indicators suggest continued growth. India aims to double its export market share and achieve $1 trillion in merchandise exports by 2027-28. #IndianTextileExports #GlobalEconomy #ManufacturingGrowth...

#newstr #IndianTextileExports #GlobalEconomicChallenges #ManufacturingSector #IndianEconomy #IndiaukTradeRelations #GarmentAndTextileIndustry #VietnamTextileIndustry #ExportGrowth #Orders #ConsumerDemand

https://here.news/story/79ab083b?ver=0.41
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