India's goods exports are expected to contract by around 1 per cent in FY26, compared to a marginal growth registered last year, according to a report by CareEdge Ratings.
The auto sale number for April 2024, shows that the overall sale of passenger vehicle has declined as compared to March, except Mahindra who have shown a marginal growth of 3 per cent.
According to the latest forecast from Gartner, in 2022, the market totalled USD 599.6 billion, which was marginal growth of 0.2 per cent from 2021. The short-term outlook for the semiconductor market has deteriorated further. Global semiconductor revenue is forecast to total USD 532 billion
India's overall export, which included both merchandise and services, stood at USD 58.22 billion in November, which showed a 10 per cent growth over the same period last year.