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The Times of India
The Times of India
Business
PTI

Dark clouds of global economic uncertainties may cast shadow on India's exports in 2023

NEW DELHI: India's exports may have touched an all-time high of $422 billion in 2021-22 but recession in key western markets and geo-political crisis due to the Russia-Ukraine war are expected to impact the growth of the country's outbound shipments in 2023.

All the global trade promoting factors like political stability, movement of goods, adequate availability of containers and shipping lines, demand, stable currency and smooth banking systems are in disarray.

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