Trade

Revving Exports to US Keeps India in Race to Be Next China

  • Order jump seen across low-cost manufacturing segments
  • India seen contributing $500 billion to global GDP by 2030

Shipping containers stacked at the Jawaharlal Nehru Port in Navi Mumbai, Maharashtra, India.

Photographer: Dhiraj Singh/Bloomberg
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India, believed by many to have the potential to become the next China, is finally making headway in the exports market as it broke into the top 5 suppliers of Christmas decorative items and t-shirts to the US.