India’s Foreign Trade – Part II, Invisibles.
India imported merchandise goods worth $721 bn against exports of $456 bn in FY23 leading to trade deficit of $265 bn. While India faces significant merchandise trade deficit, it generated…
Analyzing India’s Foreign Trade – Part I, Merchandise.
India continues to record huge trade deficit with imports exceeding exports by a significant margin over last twenty years. Cumulative trade deficit for India stands at little less than $900…