21-July-2026
Economy News
 
Asia, Africa expand share of India market while Europe, America fall
20-Jul-2026

The export diversification strategy has resulted in countries outside Europe and members of the North America Free Trade Association (NAFTA) accounting for more than 55% of total shipments in April-May. In April-May of 2025 the share of Europe and NAFTA countries that include US, Canada and Mexico was touching 46% and in the same period of this financial year their contribution has come down to 41.0%. The drop in share for the US is 3% and for Europe 2%.

News Source:- https://www.financialexpress.com/policy/economy/asia-africa-expand-share-of-india-market-while-europe-america-fall/4296628/?ref=economy_hp