PR No – 74
15th April, 2024
New Delhi
PHDCCI lauds India’s exports resilience
Despite several adverse events, such as disruptions in the global supply chains, tussles in the Red Sea, escalation in geopolitical developments and high interest rates, and voilatlity in commodity prices, India’s exports are able to make a positive move in 2023–24. The exports increased from USD 776.4 in 2022–23 to USD 776.6 in 2023–24, said Mr. Sanjeev Agrawal, President, PHDCCI in a press statement issued here today.
We look forward to a great growth trajectory in the current financial year 2024-25 at the back of increased demand for Indian goods in foreign markets, supported by the ease of doing exports in the country. As supply chains become stronger with the Middle East and European markets, the export trajectory is expected to perform better in the current financial year, said Mr. Agrawal.
Warm Regards,
Media Division
PHD Chamber of Commerce and Industry