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India’s July exports hit record $44.2 billion despite West Asia crisis

India's goods exports grew significantly in July, driven by engineering and electronics sectors. Imports also increased, leading to a wider trade deficit compared to last year. Gold and silver imports saw varied performance after a customs duty hike was implemented. Exports to West Asia showed recovery, and border trade resumed through Nathu La. Overall goods exports for April-July also registered a substantial year-on-year increase.
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