NEW DELHI : India’s exports to the US between May and November 2025 followed a clear two-phase pattern: a sharp decline until September, followed by a partial recovery by November, according to an analysis by the trade-focused think tank Global Trade Research Initiative (GTRI).
India’s exports to the U.S. fell 20.7% from $8.8 billion in May to $7.0 billion in November. The decline was much sharper earlier in the year, as exports dropped 37.7% from May to September, reaching . . .
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