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At a time when international commerce is dealing with geo-political uncertainties, India’s exports of products like vehicles and gold jewelry have ventured into uncharted territories of Central Asia, Africa and Latin America, as per an evaluation by the commerce ministry.
The evaluation has proven that India has penetrated into what are termed as “completely new markets” in areas comparable to Africa, Central Asia, Latin America and North America throughout April-December 2023. The “completely new markets” confer with areas the place India didn’t see any export throughout April-December 2022, however wholesome development of sure principal commodities like motor autos, two- and three-wheelers, petroleum merchandise, sugar, gold and different valuable jewelry had been recorded in April-December 2023.
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