India’s export-import (EXIM) trade is expected to face continued headwinds in the coming months, AP Moller Maersk said after its April-June India trade report showed the country’s containerised trade growth slowing to 1 percent (against 9 percent in the same period last year). AP Moller Maersk runs Maersk Line, the world’s biggest container shipping firm.
Moller Maersk attributed the steep decline in growth to “a cocktail of international factors such as slowing trade growth and growing trade tensions, coupled with domestic factors like rural consumer distress, tightening liquidity and a slowdown in key manufacturing sectors.”
“Combined, these triggers impacted the country’s economic activity, slowing overall import-export growth,” it said in a report released on Monday.
Bu hikaye The Hindu Business Line dergisinin September 24, 2019 sayısından alınmıştır.
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Bu hikaye The Hindu Business Line dergisinin September 24, 2019 sayısından alınmıştır.
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