Niti Aayog Urges Export Diversification Amid External Headwinds

Niti Aayog says India should sell its goods to more countries.

This could help protect the economy when problems happen in other parts of the world.

Tanzania and South Africa became important new destinations for Indian exports.

India’s goods exports grew, but its imports grew even faster.

This created a large trade deficit.

Services exports, such as computer and business services, continued to perform well.

India also buys many important minerals from other countries.

The report says India could export more metals and ores because its share of the world market is still small.