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India's Trade Deficit Surges 31.5% to $15bn Amid Electronics Boom
India's trade deficit widened 31.5% to $15 billion in July, driven by soaring imports. Despite this, electronics exports surged 11-fold, highlighting a robust manufacturing sector. The growth in mobile phone production not only boosted exports but also created significant job opportunities, showcasing a mixed economic landscape.
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"When it comes to trade deficits, it's a bit of a balancing act!"
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File ID: #337501Original Source: Times Of India β
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