Christmas orders push October goods exports to a 2-year high of 17.3%

India's merchandise exports experienced significant growth in October. Exports reached $39.2 billion, marking a 17.3% increase. This surge was driven by strong demand from developed markets and increased shipments of various goods. Imports also rose to a record $66.34 billion. The trade deficit widened to $27.1 billion. Despite global economic challenges, India's exports performed well.
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