India’s Imports Down in Q1 of 2023 and Exports Up – Analysis Report
With the “Make in India” initiative, India is more focused on manufacturing goods and exporting to the international market. Also, the reduction in dependency on Chinese goods has also declined India’s imports. Still, China is the major trading partner of India, followed by the United States of America. Mineral fuels and oils are the top import and export category of India. Here is an analysis of India’s trade with a focus on imports and exports for 2022 and 2023.