India's merchandise exports growth may slow to 4% in Sep quarter: Exim Bank

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India's merchandise exports growth may slow to 4% in Sep quarter: Exim Bank - Business Standard

Quick Summary:

During April-June, outbound shipments from India witnessed 5.8 per cent growth year-on-year to $109.9 billion.

Additionally, rising demand for products related to energy transition and artificial intelligence should contribute to trade growth through 2024.

However, the outlook is subject to several risks, such as the uncertain prospects for advanced economies, geopolitical shocks, the Middle East crisis, global supply chain disruptions, and deepening geoeconomic fragmentation, among other factors.