India’s Exports Surge in October 2024

India’s exports surged by 27.7% in October 2024, reaching $\text{39.2 billion, driven by robust performance in engineering goods (+39.4\%), electronics (+45.7\%), and agricultural products like rice (+85.8\%). Labour-intensive sectors like garments (+35.1\%) and handicrafts (+32.7\%) also contributed significantly. Import trends showed declines in gold (-1.4\%) and precious stones (-29\%), while vegetable oil imports surged (+50.9\%). India’s services trade surplus rose to }$16.1 billion, reflecting sustained economic growth. With policies lifting rice export restrictions and diversified trade, the focus remains on strengthening infrastructure and addressing sector-specific challenges for sustained growth.