The meeting comes ahead of the government likely to announce the new Foreign Trade Policy later this month and the country’s merchandise exports shrinking 1.15% in August- the first drop since November 2020. The board includes participants from states, union territories, and senior officials from public and private sectors and provides a platform to discuss ways on boosting manufacturing and exports.
Tariff shock turns FIIs to sellers in April. Analysts flag global risk but back India’s fundamentals
Foreign institutional investors reversed course in early April, spurred by rising global trade tensions following US President Trump’s announcement of steep tariffs. This led to