Indiaâs Exports Surge Before an Expected Slowdown
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Indiaâs exports of manufactured goods rose in November as companies completed orders and hedged to cope with the rupeeâs appreciation.
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US-India trade, which has seen barriers fall dramatically in recent years, will get an additional boost once a US program fostering high-tech exports goes into effect this year, Commerce Secretary Carlos Gutierrez said.
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Indian indexes have hit new highs, drawing in foreign investors and Wall Street banks.
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BRITAINâS trade gap with the rest of the world narrowed unexpectedly in September as goods exports surged to their highest level in more than two years, official data revealed today.
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India is now growing faster than nearly any other sizeable economy in the world.
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The outlook for India&#39;s economy was upgraded Monday by international credit rating agency Standard &amp; Poor&#39;s, despite rising inflation and insufficient monsoon rains that could slow growth.
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While developing nations China, Brazil and India grow at break-neck pace with their burgeoning industry and farming, industrialized countries want them
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India's software exports are on track to grow by 30 percent in the year to March 2005, despite attempts in the key U.S. market to discourage outsourcing and protect jobs, the industry's head said on Monday.
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India's economy beats expectations in the second quarter, with services leading the way.
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India&#39;s economy grew faster-than-expected at a record 9.4 percent pace in the year to March, beating a government forecast of 9.2 percent Thursday and raising hopes of more foreign investment.
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Software exports from India's technology hub of Bangalore shot up 34 percent in the first five months of the current fiscal year compared to the same period the previous year, an official said.
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India, already the world&#039;s fastest  growing wireless services market, is set to become a handset  manufacturing and export hub as giants such as Nokia and LG  churn out millions of phones to tap voracious demand.
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A slowdown in manufacturing and construction means the economy needs to rely even more on exports to sustain growth.
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India's industrial output rose 7.7 percent in the year through September, slowing from August, which analysts said could reflect weakening domestic demand following an erratic monsoon that is key for economic growth.
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It moves manufacturing back to India and moves forward with OTC generic drugs.
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Singapore's exports expanded by 17 percent to a record high last year, reflecting strong demand from China for oil and commodities and solid sales of electronics and pharmaceuticals to the United States and European Union.
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Economies in developing Asia are expected to expand 7.7 percent this year, higher than the 7.2 percent initially projected, thanks to booming growth in China and India, the Asian Development Bank said Wednesday.