India's Exports Grows Despite of Red Sea Crisis

Iiiem.design124 Feb, 2024Business

Despite of Red Sea Crisis and economic troubles in the West, India exported more goods to other countries in January 2024 compared to the same time last year. The value of goods India exports went up by 3.12 %, reaching $36.92 billion. This was helped by selling more electronics, machines, and medicines. However, India also bought more things from other countries. The amount spent on imports increased by 2.99 %, totaling $54.41 billion in January 2024. The main things bought were crude oil, electronics, coal, and gold.