Revving exports to America keeps India in race to be next China

Sea-borne shipments of festival goods and accessories to America touched $20 million last month, almost triple the value from the year-ago period, according to US customs data. In the process, India gained a clear lead over the Philippines as buyers diversify supply sources in the face of rising labor costs and disruptions from China’s strict Covid-zero policy.

from Economy-News-Economic Times https://ift.tt/UVIx1sY
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