New Delhi, Oct. 1 -- Indian exporters widened their horizons in August, more than offsetting the impact of stiff US tariffs that kicked in during the month. Driven by increased shipments to China, the Netherlands, Hong Kong and the UAE, overall goods exports hit $35.10 billion in August, up nearly 7% from a year earlier. Key drivers of the increase: Electronics, engineering products, pharmaceuticals and gems and jewellery.
Exports to China climbed 22.4% to $1.22 billion, while shipments to the Netherlands rose 17.9% to $1.83 billion, commerce ministry data showed. The UAE imported goods worth $3.35 billion from India, a 23.4% annual increase, and sales to Hong Kong saw a remarkable 62.5% surge to $584.7 million.
Other notable gains came...
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