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India-Kuwait trade boom exports jump 34.78% to hit $2.10 billion
The notable increase in the fiscal year 2023-24 underscores the strengthening economic ties between the two nations and highlights the growing demand for Indian products in Kuwait.
India’s exports to Kuwait saw a remarkable surge of 34.78% in the fiscal year 2023-24, reaching an impressive $2.10 billion, compared to $1.56 billion in the previous year, as reported by the Ministry of Commerce and Industry.
This notable increase underscores the strengthening economic ties between the two nations and highlights the growing demand for Indian products in Kuwait.
A diverse array of goods contributed to this significant rise, including aircraft, spacecraft, and their parts; cereals, luxury and high-value items; vehicles other than railway or tramway rolling stock and their parts; pharmaceutical products; natural and cultured pearls; precious and semi-precious stones; and articles made from precious metals.
