
Indian Newslink
May 21, 2025 at 03:42 AM
https://indiannewslink.co.nz/india-should-take-the-wakeup-call-and-emerging-opportunities-against-the-odds/
“Policy changes in the US have delivered a dual shock to India’s external economic position. They have jeopardised goods exports to the US, which accounted for nearly 18% of India’s total merchandise exports amounting to approximately US$ 118 billion in 2024. They also threaten the flow of remittances from Indian workers in the US, who contribute about 23% of India’s total inward remittances. These remittances, totalling about US$ 30 billion annually, are a critical source of income for many households in states such as Kerala and contribute nearly 3% to India’s GDP.”- Dr Sunil Mani, Trivandrum, India