Indian Exports to Europe Surge Over 14% in November Amidst Trade Diversion
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Indian Exports to Europe Surge Over 14% in November Amidst Trade Diversion

India's exports to European regions saw a significant jump of over 14% in November, reversing a contraction seen in October. This growth is attributed to exporters diverting trade from the US, which imposed higher tariffs, towards Europe. Exports to the European Union bloc increased by 16% to $6.3 billion, with FTA negotiations progressing. The European Free Trade Association also saw a 16% rise, and other European regions, including the UK, experienced over 7% growth.

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