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India's trade with FTA partners grew, but exports are concentrated in gold and diamond jewelry.
NITI Aayog released its 'Trade Watch Quarterly' report, showing that while India's trade with FTA partners grew to 28.8% of total trade, exports remain heavily concentrated in gold and diamond jewelry.
Despite strong services trade, the country faces a persistent trade deficit and structural challenges.
Officials emphasize the need for diversification, moving up the value chain, and adapting to global demand to ensure sustainable growth.
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El comercio de la India con los socios del TLC creció, pero las exportaciones se concentran en joyería de oro y diamantes.