{"id":34327,"date":"2022-12-13T13:17:39","date_gmt":"2022-12-13T07:47:39","guid":{"rendered":"https:\/\/plyinsight.com\/?p=34327"},"modified":"2022-12-31T13:15:26","modified_gmt":"2022-12-31T07:45:26","slug":"export-contraction-add-challenges-to-indian-manufacturers","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/export-contraction-add-challenges-to-indian-manufacturers\/","title":{"rendered":"Export contraction add challenges to Indian Manufacturers"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><div class=\"vc_row wpb_row\"><div class=\"wpb_column column_container col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\">\n\t<div class=\"wpb_text_column wpb_content_element\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<p><span style=\"color: #000000;\">Exports to seven of the top 10 destination of India, including the US, the United Arab Emirates (UAE), and China witnessed contraction in October, leading to the country&#8217;s overall outbound shipments dipping for the first time in two years, according to the data compiled by the Department of Commerce. These 10 nations have a share of 47 per cent in India&#8217;s overall exports.<\/span><\/p>\n<p><span style=\"color: #000000;\">The three nations that saw positive growth in exports were the Netherlands (21.6 per cent), Singapore (24.8 per cent), and Brazil (57.7 per cent).<\/span><\/p>\n<p><span style=\"color: #000000;\">The US, which has been India&#8217;s largest export market for a decade, saw a dip in its value of exports by a fourth in October, according to the data reviewed. The UAE, which signed a free trade agreement with India&#8217;s earlier this year, witnessed 18 per cent fall in shipments.<\/span><\/p>\n<p><span style=\"color: #000000;\">Similarly, a slowdown in economic activity in China Due to its zero-Covid policy and real estate market crisis resulted in 47.5 per cent degrowth in outbound shipments of the country.<\/span><\/p>\n<p><span style=\"color: #000000;\">Other countries that showed contraction during the month include Bangladesh (52.5 Per cent), the UK (22 per cent), Saudi Arabia (20.4 per cent), and Hong Kong (23.6 per cent), On a cumulative basic for the April-October Period, three of the top 10 export partners China, Bangladesh, and Hong Kong- saw 37.3 per cent, 8.1 per cent, and 14.6 per cent, contraction, respectively.<\/span><\/p>\n<p><span style=\"color: #000000;\">The October trade data released on Tuesday showed India&#8217;s merchandise exports had contracted to their lowest levels in 20 months as fears of recession in the West started impacting shipments from the country. Domestic factors, such as a higher number of holidays during the festival month, as well as export restrictions on certain agricultural and engineering goods, also affected outbound shipments that declined 16.6 per cent in October.<\/span><\/p>\n<p><span style=\"color: #000000;\">A sharp contraction in exports is a reflection of the mounting geopolitical tension triggered by the Russia- Ukraine stand-off that started in February this year. Besides, high inflation, monetary policy tightening, currency depreciation, as well as pandemic-led supply-chain constraints, caused disruption worldwide.<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>Another aspect of the reduction in exports is that all the goods that were not exported were consumed in the Indian markets only.<\/strong> Due to which the competition in the domestic market was further increased. This will further add to the challenges for Indian manufacturers who are already grappling with lack of demand.<\/span><\/p>\n<p><a href=\"https:\/\/plyinsight.com\/hi\/placement-wanted\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-34611\" src=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Wanted-300x63.jpg\" alt=\"\" width=\"905\" height=\"190\" srcset=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Wanted-300x63.jpg 300w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Wanted-768x162.jpg 768w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Wanted-18x4.jpg 18w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Wanted-600x127.jpg 600w, https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/12\/Placement-Wanted.jpg 1433w\" sizes=\"auto, (max-width: 905px) 100vw, 905px\" \/><\/a><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"color: #800000;\"><strong>\u0928\u093f\u0930\u094d\u092f\u093e\u0924 \u0938\u0941\u0938\u094d\u0924 \u0939\u093e\u0928\u0947 \u092a\u0930 \u092d\u093e\u0930\u0924\u0940\u092f \u0928\u093f\u0930\u094d\u092e\u093e\u0924\u093e\u0913\u0902 \u0915\u0940 \u091a\u0941\u0928\u094c\u0924\u093f\u092f\u094b\u0902 \u092c\u095d\u0940<\/strong><\/span><\/p>\n<hr \/>\n<p><span style=\"color: #000000;\">\u0905\u092e\u0947\u0930\u093f\u0915\u093e, \u0938\u0902\u092f\u0941\u0915\u094d\u0924 \u0905\u0930\u092c \u0905\u092e\u0940\u0930\u093e\u0924 \u0914\u0930 \u091a\u0940\u0928 \u0938\u0939\u093f\u0924 \u092d\u093e\u0930\u0924 \u0915\u0947 10 \u092a\u094d\u0930\u092e\u0941\u0916 \u0928\u093f\u0930\u094d\u092f\u093e\u0924 \u0917\u0902\u0924\u0935\u094d\u092f\u094b\u0902 \u092e\u0947\u0902 \u0938\u0947 \u0938\u093e\u0924 \u092e\u0947\u0902 \u0928\u093f\u0930\u094d\u092f\u093e\u0924 \u092e\u0947\u0902 \u0917\u093f\u0930\u093e\u0935\u091f \u0926\u0947\u0916\u0940 \u0917\u0908\u0964 \u0935\u093e\u0923\u093f\u091c\u094d\u092f \u092e\u0902\u0924\u094d\u0930\u093e\u0932\u092f \u0915\u0947 \u0906\u0902\u0915\u095c\u094b\u0902 \u0915\u0947 \u0905\u0928\u0941\u0938\u093e\u0930 \u0905\u0915\u094d\u0924\u0941\u092c\u0930 \u092e\u0939\u0940\u0928\u0947 \u092e\u0947\u0902 \u0926\u0947\u0936 \u0938\u0947 \u0935\u0938\u094d\u0924\u0941\u0913\u0902 \u0914\u0930 \u0938\u0947\u0935\u093e\u0913\u0902 \u0915\u093e \u0928\u093f\u0930\u094d\u092f\u093e\u0924 \u0915\u0930\u0940\u092c \u0926\u094b \u0938\u093e\u0932 \u092e\u0947\u0902 \u092a\u0939\u0932\u0940 \u092c\u093e\u0930 \u0918\u091f\u093e \u0939\u0948\u0902\u0964 \u0926\u0947\u0936 \u0915\u0947 \u0915\u0941\u0932 \u0928\u093f\u0930\u094d\u092f\u093e\u0924 \u092e\u0947\u0902 \u0907\u0928 10 \u0926\u0947\u0936\u094b\u0902 \u0915\u0940 \u0939\u093f\u0938\u094d\u0938\u0947\u0926\u093e\u0930\u0940 \u0915\u0930\u0940\u092c 47 \u092b\u0940\u0938\u0926\u0940 \u0939\u0948\u0964<\/span><\/p>\n<p><span style=\"color: #000000;\">\u0932\u0947\u0915\u093f\u0928 \u0915\u0947\u0935\u0932 \u0924\u0940\u0928 \u0926\u0947\u0936\u094b\u0902 \u0928\u0940\u0926\u0930\u0932\u0948\u0902\u0921 (21.1 \u092b\u0940\u0938\u0926\u0940), \u0938\u093f\u0902\u0917\u093e\u092a\u0942\u0930 (24.8 \u092b\u0940\u0938\u0926\u0940) \u0914\u0930 \u092c\u094d\u0930\u093e\u091c\u0940\u0932 (57.7 \u092b\u0940\u0938\u0926\u0940) \u092e\u0947\u0902 \u0928\u093f\u0930\u094d\u092f\u093e\u0924 \u092c\u095d\u093e \u0939\u0948, \u092c\u093e\u0915\u0940 \u0938\u093e\u0924 \u092e\u0947\u0902 \u0928\u093f\u0930\u094d\u092f\u093e\u0924 \u092e\u093e\u0902\u0917 \u0918\u091f\u0940 \u0939\u0948\u0964<\/span><\/p>\n<p><span style=\"color: #000000;\">\u0906\u0902\u0915\u095c\u094b\u0902 \u0915\u0947 \u0935\u093f\u0936\u094d\u0932\u0947\u0937\u0923 \u0938\u0947 \u092a\u0924\u093e \u091a\u0932\u0924\u093e \u0939\u0948 \u0915\u093f \u0905\u092e\u0947\u0930\u093f\u0915\u093e \u0926\u0936\u0915\u094b\u0902 \u0938\u0947 \u092d\u093e\u0930\u0924 \u0915\u0947 \u0932\u093f\u090f \u0938\u092c\u0938\u0947 \u092c\u095c\u093e \u0928\u093f\u0930\u094d\u092f\u093e\u0924\u0915 \u0926\u0947\u0936 \u0930\u0939\u093e \u0939\u0948 \u0932\u0947\u0915\u093f\u0928 \u0905\u0915\u094d\u091f\u0942\u092c\u0930 \u092e\u0947\u0902 \u092f\u0939\u093e\u0902 \u092d\u0947\u091c\u0947 \u091c\u093e\u0928\u0947 \u0935\u093e\u0932\u0940 \u0916\u0947\u092a \u0915\u093e \u092e\u0941\u0932\u094d\u092f \u0915\u0930\u0940\u092c \u090f\u0915-\u091a\u094c\u0925\u093e\u0908 \u0918\u091f \u0917\u092f\u093e\u0964 \u0938\u0902\u092f\u0941\u0915\u094d\u0924 \u0905\u0930\u092c \u0905\u092e\u0940\u0930\u093e\u0924 \u0928\u0947 \u0907\u0938 \u0938\u093e\u0932 \u0915\u0940 \u0936\u0941\u0930\u0942\u0906\u0924 \u092e\u0947\u0902 \u092d\u093e\u0930\u0924 \u0915\u0947 \u0938\u093e\u0925 \u092e\u0941\u0915\u094d\u0924 \u0935\u094d\u092f\u093e\u092a\u093e\u0930 \u0938\u092e\u091d\u094c\u0924\u093e \u0915\u093f\u092f\u093e \u0925\u093e \u0932\u0947\u0915\u093f\u0928 \u092f\u0939\u093e\u0902 \u092d\u0947\u091c\u0947 \u091c\u093e\u0928\u0947 \u0935\u093e\u0932\u0940 \u0916\u0947\u092a 18 \u092b\u0940\u0938\u0926\u0940 \u0918\u091f \u0917\u0908\u0964<\/span><\/p>\n<p><span style=\"color: #000000;\">\u0907\u0938 \u0924\u0930\u0939 \u091a\u0940\u0928 \u092e\u0947\u0902 \u0936\u0942\u0928\u094d\u092f \u0915\u094b\u0935\u093f\u0921 \u0928\u0940\u0924\u093f \u0914\u0930 \u0930\u093f\u092f\u0932 \u090f\u0938\u094d\u091f\u0947\u091f \u0938\u0902\u0915\u091f \u0915\u0947 \u0915\u093e\u0930\u0923 \u0906\u0930\u094d\u0925\u093f\u0915 \u0917\u0924\u093f\u0935\u093f\u0927\u093f\u092f\u093e\u0902 \u0928\u0930\u092e \u092a\u095c\u0928\u0947 \u0938\u0947 \u0935\u0939\u093e\u0902 \u092d\u093e\u0930\u0924 \u0938\u0947 \u0928\u093f\u0930\u094d\u092f\u093e\u0924 47.5 \u092b\u0940\u0938\u0926\u0940 \u0918\u091f \u0917\u0908\u0964 \u0907\u0938\u0915\u0947 \u0938\u093e\u0925 \u0939\u0940 \u092c\u093e\u0902\u0917\u094d\u0932\u093e\u0926\u0947\u0936 (52.5 \u092b\u0940\u0938\u0926\u0940), \u092c\u094d\u0930\u093f\u091f\u0947\u0928 (22 \u092b\u0940\u0938\u0926\u0940), \u0938\u090a\u0926\u0940 \u0905\u0930\u092c (20.4 \u092b\u0940\u0938\u0926\u0940) \u0914\u0930 \u0939\u0949\u0928\u094d\u0917 \u0915\u0949\u0928\u094d\u0917 (23.6 \u092b\u0940\u0938\u0926\u0940) \u092e\u0947\u0902 \u092d\u0940 \u0928\u093f\u0930\u094d\u092f\u093e\u0924 \u092e\u093e\u0902\u0917 \u092e\u0947\u0902 \u0917\u093f\u0930\u093e\u0935\u091f \u0906\u0908\u0964<\/span><\/p>\n<p><span style=\"color: #000000;\">\u092a\u0936\u094d\u091a\u093f\u092e\u0940 \u0926\u0947\u0936\u094b\u0902 \u092e\u0947\u0902 \u092e\u0902\u0926\u0940 \u0915\u0940 \u0906\u0936\u0902\u0915\u093e \u0938\u0947 \u0926\u0947\u0936 \u0915\u093e \u0928\u093f\u0930\u094d\u092f\u093e\u0924 20 \u092e\u0939\u0940\u0928\u0947 \u0915\u0947 \u0928\u093f\u091a\u0932\u0947 \u0938\u094d\u0924\u0930 \u092a\u0930 \u0930\u0939\u093e\u0964 \u0907\u0938\u0915\u0947 \u0938\u093e\u0925 \u0939\u0940 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\u092c\u093e\u091c\u093e\u0930\u094b\u0902 \u092e\u0947\u0902 \u0939\u0940 \u0916\u092a\u093e\u092f\u093e \u0917\u092f\u093e\u0964<\/strong> \u091c\u093f\u0938\u0938\u0947 \u0918\u0930\u0947\u0932\u0941 \u092c\u093e\u091c\u093e\u0930 \u092e\u0947\u0902 \u092a\u094d\u0930\u0924\u093f\u0938\u094d\u092a\u0930\u094d\u0927\u093e \u0914\u0930 \u092d\u0940 \u092c\u095d \u0917\u0908\u0964 \u092a\u0939\u0932\u0947 \u0938\u0947 \u0939\u0940 \u092e\u093e\u0902\u0917 \u092e\u0947\u0902 \u0915\u092e\u0940 \u0938\u0947 \u091c\u0941\u091d \u0930\u0939\u0947 \u092d\u093e\u0930\u0924\u0940\u092f \u0935\u093f\u0928\u093f\u0930\u094d\u092e\u093e\u0924\u093e\u0913\u0902 \u0915\u094b \u0907\u0938\u0938\u0947 \u0914\u0930 \u0905\u0927\u093f\u0915 \u091a\u0941\u0928\u094c\u0924\u0940\u092f\u094b\u0902 \u0915\u093e \u0938\u093e\u092e\u0928\u093e \u0915\u0930\u0928\u093e \u092a\u095c\u0947\u0917\u093e\u0964<\/span><\/p>\n\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div><div class=\"vc_row wpb_row\"><div class=\"wpb_column column_container col-sm-12\"><div class=\"vc_column-inner\"><div class=\"wpb_wrapper\">\n\t<div class=\"wpb_raw_code wpb_raw_html wpb_content_element\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<html>\n<head>\n<\/head>\n<body>\n  <marquee behavior=\"scrolling\" direction=\"left\" scrollamount=\"3\" seamless>\n    <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/10\/Logos-2.png\" width=\"800\" height=\"600\" alt=\"Natural\" \/>\n <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/plyinsight.com\/wp-content\/uploads\/2022\/10\/Logos-2.png\" width=\"800\" height=\"600\" alt=\"Natural\" \/>\n  <\/marquee>\n<\/body>\n<\/html>\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"Exports to seven of the top 10 destination of India, including the US, the United Arab Emirates (UAE), and China witnessed contraction in October, leading to the country's overall outbound shipments dipping for the first time in two years, according to the data compiled by the Department of Commerce. These 10 nations have a share [...]","protected":false},"author":1,"featured_media":29449,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3693],"tags":[109,1025,984,359,358,1143,3041,1189],"class_list":["post-34327","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-december-articles-22","tag-america","tag-business","tag-covid","tag-export","tag-import","tag-india","tag-indian-market","tag-market"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Export contraction add challenges to Indian Manufacturers - PLY INSIGHT<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plyinsight.com\/hi\/export-contraction-add-challenges-to-indian-manufacturers\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Export contraction add challenges to Indian Manufacturers - 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