New Delhi - The United Kingdom pipped China as the fourth-largest market for Indian goods in the first six months of the fiscal for the first time since 2016, according to a data released on October 16. Singapore is closing the gap with China, the data showed.
In 2023-24, India’s exports to the UK were 29 percent lower than that of its neighbour, while goods outflow to Singapore was 16 percent lower. Exports to Singapore are now just 6 percent lower than China’s, whereas the shipments surged 5.8 percent for the UK.
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