India’s exports to US show partial recovery by Nov: GTRI
India's exports to the US in 2025 saw a two-phase pattern, with a significant decline until September and a partial recovery in November. The GTRI finds this trend unusual and attributes it to the shock of impending tariff hikes. However, 85% of November's exports came from sectors that rebounded after an initial drop, indicating an adjustment to a tougher tariff regime.