Trade deficit nearly 2x in Feb; exports face battlefield ahead
- Posted on March 17, 2026
- By Business News Today
- 3 Views
Trade deficit nearly 2x in Feb; exports face battlefield ahead
India's trade deficit widened significantly in February, reaching $27 billion. This increase was driven by a substantial rise in imports, especially gold and silver. Exports experienced a minor decrease. The government plans to introduce measures to support exporters facing logistical challenges. The trade gap with China also saw an increase during the fiscal year.