date:Jul 21, 2023
orts have decreased substantially in recent months, with the decline rate by value hitting the most last month, down 22% year-on-year.
Overall, June exports, along with Q1 2023-24 exports, have seen declines due to the slowdown in growth coupled with demand contraction across the globe, said A Sakthivel, president of the Federation of Indian Export Organisations (FIEO).
Sakthivel added: The slowdown comes in wake of higher energy prices contributing to curbing demand in Europe's largest econom