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)
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