India, Jan. 28 -- Finance Minister Nirmala Sitharaman will present the Union Budget on Sunday. The budget is being presented in the backdrop of headwinds from US's 50% tariff on Indian exports and promised tailwinds from the Indo-EU Free Trade Agreement. These developments raise a larger question about the Indian economy: the importance of exports, both overall and product-specific, for India's economic growth. This is best answered by four data points discussed below.

Published by HT Digital Content Services with permission from Hindustan Times....