16-January-2026
Economy News
 
Tariffs didn’t choke exports: India cuts US dependence, redirects trade to West Asia and Asia, says report
15-Jan-2026

India's export market in recent months has shown a clear post-tariff rebalancing, with the country reducing its dependence on the United States and expanding its presence across other geographies, highlighted a report by Elara Securities. According to the report, India's export market composition reflects a strategic shift away from excessive reliance on the US towards greater geographic diversification across West Asia, Asia and select emerging markets. It stated "India's export market composition also reflects a clear post-tariff rebalancing, away from excessive dependence on the US toward greater geographic diversification across West Asia, Asia and select emerging markets".

News Source:- https://www.moneycontrol.com/news/business/economy/tariffs-didn-t-choke-exports-india-cuts-us-dependence-redirects-trade-to-west-asia-and-asia-says-report-13774126.html