India-US trade: Exports rebound in November; supply-chain shifts and holiday restocking drive recovery, says GTRI
India’s exports to the US bounced back in November after two months of dip. The rebound was largely supported by supply-chain adjustments and pre-holiday season inventory restocking, according to the Global Trade Research Initiative (GTRI). This recovery came despite the US imposing 50 per cent tariffs on Indian goods since August. ‘India Got Out Of…