Indian Textile Exports Surge By 9.59% In May Despite Global Economic Challenges
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#79ab083b ver:0.38
Despite global economic challenges, Indian textile exports surged by 9.59% in May 2024, driven by demand revival in traditional markets like Europe and the US. Indian apparel exports also grew by 9.84%. The growth in exports is attributed to the efforts of exporters and the expectation of improved demand from the EU, UK, West Asia, and the US. India's manufacturing sector is set to receive stronger external support as investment is expected to rise, benefiting from the China Plus One strategy. The Indian economy closed FY23-24 strongly, with positive indicators pointing to continued growth. India aims to double its export market share and achieve $1 trillion in merchandise exports by 2027-28. #IndianExports #TextileIndustry #ManufacturingGrowth...
#newstr #IndianTextileExports #ConfederationOfIndianTextileIndustry #ApparelExports #EconomicChallenges #Exports #GlobalEconomy #ManufacturingSector #IndianEconomy
https://here.news/story/79ab083b?ver=0.38
India's Credit Expansion and the Risk of a 'Minsky Moment' /
npub18h…42r0r
2024-06-15 15:03:59
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2024-06-15 15:03:59Event JSON
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"content": "Indian Textile Exports Surge By 9.59% In May Despite Global Economic Challenges\n===============\t\n#79ab083b ver:0.38\n\nDespite global economic challenges, Indian textile exports surged by 9.59% in May 2024, driven by demand revival in traditional markets like Europe and the US. Indian apparel exports also grew by 9.84%. The growth in exports is attributed to the efforts of exporters and the expectation of improved demand from the EU, UK, West Asia, and the US. India's manufacturing sector is set to receive stronger external support as investment is expected to rise, benefiting from the China Plus One strategy. The Indian economy closed FY23-24 strongly, with positive indicators pointing to continued growth. India aims to double its export market share and achieve $1 trillion in merchandise exports by 2027-28. #IndianExports #TextileIndustry #ManufacturingGrowth...\n\n#newstr #IndianTextileExports #ConfederationOfIndianTextileIndustry #ApparelExports #EconomicChallenges #Exports #GlobalEconomy #ManufacturingSector #IndianEconomy \n\n https://here.news/story/79ab083b?ver=0.38",
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