Indian Textile Exports Grow by 9.59% in May Despite Global Economic Challenges
===============
#79ab083b ver:0.37
Despite global economic challenges, Indian textile exports grew by 9.59% in May 2024, driven by demand revival in traditional markets like Europe and the US. Overall goods exports increased by 9.10% to $38.13 billion. India's manufacturing sector is expected to receive stronger external support as investment rises, 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. Prashant Jain believes India's favorable manufacturing environment will lead to rapid growth. #IndianExports #TextileIndustry #ManufacturingGrowth...
#newstr #IndianTextileExports #GlobalEconomicChallenges #Exports #Textiles #Apparel #Economy
https://here.news/story/79ab083b?ver=0.37
India's Credit Expansion and the Risk of a 'Minsky Moment' /
npub18h…42r0r
2024-06-15 14:00:36
Author Public Key
npub18h6hfp26ruqquywgy7max4m5lv5y9aawk32hv2x39fhdqlwt8afsd42r0rPublished at
2024-06-15 14:00:36Event JSON
{
"id": "4743e98bde52671a9b437ad568f3063c730664bff2c5700ed5c76edd785a10cf",
"pubkey": "3df574855a1f000e11c827b7d35774fb2842f7aeb4557628d12a6ed07dcb3f53",
"created_at": 1718460036,
"kind": 1,
"tags": [],
"content": "Indian Textile Exports Grow by 9.59% in May Despite Global Economic Challenges\n===============\t\n#79ab083b ver:0.37\n\nDespite global economic challenges, Indian textile exports grew by 9.59% in May 2024, driven by demand revival in traditional markets like Europe and the US. Overall goods exports increased by 9.10% to $38.13 billion. India's manufacturing sector is expected to receive stronger external support as investment rises, 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. Prashant Jain believes India's favorable manufacturing environment will lead to rapid growth. #IndianExports #TextileIndustry #ManufacturingGrowth...\n\n#newstr #IndianTextileExports #GlobalEconomicChallenges #Exports #Textiles #Apparel #Economy \n\n https://here.news/story/79ab083b?ver=0.37",
"sig": "b030b0dec714b91494f002a30d9e36891e5278281d7dc10bc29f69469d06497dbd537a109a26646263cdc267827d1d5dbc5da72539f7bb869b3f7077f1de5a07"
}