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India targets 50 new countries to diversify trade, countering US tariffs and global demand concerns.
India plans to diversify its trade by expanding export presence in 50 countries, focusing on the Middle East and Africa, to mitigate the impact of increased US tariffs.
The strategy aims to reduce reliance on any single market and boost exports of products like engineering goods, gems, pharmaceuticals, and auto components.
This move comes amid concerns over global demand slowdown and US tariff challenges.
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India apunta a 50 nuevos países para diversificar el comercio, contrarrestando los aranceles estadounidenses y las preocupaciones de la demanda global.