INDIA’S EXPORTS TO OUTPACE CHINA BY 2025

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global banking major HSBC forecast a strong growth for india’s export segment which is expected to outpace china in the period between 2025 and 2050.
according to new forecast’s in HSBC’s report ‘trade winds’,the merchandise exports from india are expected to grow by an average of six percent between 2025 and 2050 compared to less than five percent of china.
The report cite Asia as the prime region which is expected to ignite a decade of global trade growth which will culminate into quadrupling of worlds exports to an estimated $68.5 trillion by 2050.

gurkirat mand

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