New Delhi, February 19, 2025: India’s trade deficit widened in January 2025 as the non-oil, non-gold deficit surged to double digits, driven by higher imports of electronics, machinery, and industrial goods. While overall exports remained steady, the sharp rise in core imports contributed to the growing trade gap.
The expanding deficit raises concerns over currency stability and foreign exchange reserves. Analysts suggest that global economic trends, fluctuating commodity prices, and domestic demand will shape India’s trade outlook, prompting policymakers to explore measures to boost exports and manage imports.
