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Exports: A changing profile

Exports: A changing profile
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First Published: Thu, Jun 30 2011. 09 32 PM IST
Updated: Thu, Jun 30 2011. 09 32 PM IST
Following the global financial crisis, global trade picked up in fiscal 2010.However, Indian exports grew faster than global exports. The country changed its export destinations, slowly withdrawing from the still-sluggish US, and instead destinations, including focusing on Asian Singapore and the United Arab Emirates Consequently, India’s trade (UAE).basket changed, too, with a greater focus on greater focus on crude/petroleum exports and less on gems and jewellery, a traditional Indian stronghold. Whetherthis was a deliberate this was a deliberate this was a deliberate this was a deliberate strategy or not is debatable, but for now it seems to have helped keep Indian exports afloat.
Also See | Exports: A Changing Profile (PDF)
Graphics by Sandeep Bhatnagar/Mint
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First Published: Thu, Jun 30 2011. 09 32 PM IST
More Topics: Exports | Trade | Export Destinations | US | UAE |