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Discussion Forum : Business - Latest Current Affairs (Q.No. 121)
121.
Which country has become India's leading import source from April to September 2024?
Russia
United Arab Emirates
United States
China
Answer: Option
Explanation:
China has surpassed other nations to become India's largest import source between April and September 2024, with imports valued at USD 56.29 billion, marking an 11.5% increase from the previous year. This significant trade development underscores China's substantial presence in India's import market. India's import landscape is diversified, with Russia and the UAE also featuring among key import sources. Conversely, the US remains India's top export destination, highlighting the complexities of India's international trade relationships.
Discussion:
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