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India's exports drop 7.44% amid regional conflicts and shipping disruptions.
Commerce Minister Piyush Goyal is set to meet export promotion councils and industry leaders on April 27 to address a sharp 7.44% decline in India's merchandise exports.
The meeting follows India's free trade agreement with New Zealand and addresses challenges stemming from the West Asia conflict, which has disrupted shipping routes and caused a 50% drop in shipments to the region.
While annual exports reached a record high, the recent drop highlights concerns over regional instability impacting sectors like pharmaceuticals and leather.
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Las exportaciones de la India caen un 7.44% en medio de conflictos regionales y interrupciones del transporte marítimo.