India's Exports to US Rebound Amidst Supply-Chain Adjustments

India's merchandise exports to the US rebounded in November due to supply-chain realignments and inventory restocking before the US holiday season. This recovery follows two months of decline caused by high tariffs. Despite uncertainties, November saw a 22.61% rise in exports, facilitated by short-term strategies.

India's exports to the United States saw a notable resurgence in November, driven by adjustments in supply chains and pre-holiday inventory restocking, according to a report from the Global Trade Research Initiative (GTRI).

The nation's merchandise exports to the US surged 22.61% to $6.98 billion, as per commerce ministry data, despite the imposition of a steep 50% tariff on domestic goods from late August.

Experts indicate this rebound, marking a recovery from two previous months of declining exports, reflects adaptation to heightened tariffs rather than a long-term trend, pointing to ongoing economic fragility.

(With inputs from agencies.)