India's US Exports Soar 23% in November Amid Supply Chain Shifts, Holiday Demand

• India's merchandise exports to the US surged by 22.61% to USD 6.98 billion in November.
• The increase is attributed to supply-chain realignment and inventory restocking for the US holiday season.
• This rebound follows a two-month contraction, previously impacted by US tariffs and rhetoric.
• Key sectors driving growth include electronics, machinery, pharmaceuticals (USD 669.2 million), and gems & jewelry (USD 406.2 million).
• GTRI warns the recovery might be "fragile," driven by short-term strategies rather than lasting improvement.

Why It Matters: India's November exports to the US saw a significant rebound, though GTRI suggests it may be a short-term recovery.