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India surpasses China and Bangladesh in exports after cutting tariffs to 18%, boosting competitiveness in textiles and manufactured goods.
India has surpassed regional rivals China and Bangladesh in exports following a reduction in tariffs to 18%, according to recent trade data.
The lower tariff rate has boosted India’s competitiveness in global markets, particularly in textiles and manufactured goods, allowing it to capture market share previously held by neighboring countries.
The shift reflects broader economic reforms and improved export infrastructure.
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La India supera a China y Bangladesh en exportaciones después de reducir los aranceles al 18%, impulsando la competitividad en textiles y bienes manufacturados.