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Big SETBACK to China: India s export to US sees HUGE uptick this year-Mansi Dave lists shares that are poised to BENEFIT zeebizindia@gmail.com (Zee Business) © Provided by Zee Business
India s textile export to the United States has seen a huge uptick. India exported maximum 46.5% textile to the US only in first five months this year. Talking about this development, news anchor and senior producer Mansi Dave said this year India has made an export of around Rs 30,000 crore to US, that too in just 5 months (till May 2021).
See Zee Business Live TV Streaming Below: Leaving behind China, India has emerged as the biggest exporter of textile to the US. This has to do with the US s unwillingness to do business with China, which has also increased America s dependence on India. The US dependence on India has come up as huge positives for this sector. China s export to the US has declined by 28 per cent in the last 5 months, while India s export has si