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India’s finance minister touts unlikely export growth in a world of uncertainty

2024-02-03 14:57:36       source:CNBC

February 2, 2024

India's Finance Minister Nirmala Sitharaman said Friday the country's exports remained strong despite slowing global demand, explaining that these economic issues will be a key focus ahead of the upcoming General Election.

Sitharaman told CNBC's Sri Jegarajah in an exclusive interview that "despite the challenges of slowing demand elsewhere, particularly in Europe, our exports have grown and are consistently are remaining in a growing path."

She noted that exports from India were branching out into newer areas of trade such as Latin America, namely Brazil and parts of Africa.

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