India's exports in November may rise 15% to $36 billion due to market diversification, despite US tariffs, with significant growth in China and Spain.

India could see its exports in the month of November rise by around 15% to $36 billion because it has successfully managed to diversify its export markets, two people with direct knowledge of the data said. The growth, from a little less than $32 billion last November comes amidst global headwinds, including steep tariffs levied by the US on exports from India.

India’s merchandise exports growth in November was also accompanied by a significant reduction in imports, narrowing the trade deficit, the people added, requesting anonymity because data is preliminary, and based on an advance estimate.

An import surge in October on the back of hi

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