India's Trade Deficit Widens 31.5% to $15 Billion in July; Electronics Exports Surge 11-Fold

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Economics

13 August 2026 at 5:43 pm

India's Trade Deficit Widens 31.5% to $15 Billion in July; Electronics Exports Surge 11-Fold

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Summary

India's trade deficit widened by 31.5% to $15 billion in July due to surging imports, though merchandise exports reached impressive levels, driven significantly by an 11-fold surge in electronics exports and mobile phone production.

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