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Electronics emerges as India’s ‘new oil’ as trade deficit nears $40 billion

Summary by bhaskarlive.in
Digital Desk | New Delhi, Sep 16 (IANS) India’s goods trade deficit narrowed, led mainly by non‑electronic items, but the electronics trade deficit remained high at around $8 billion in August and about $40 billion since April, a report said on Wednesday. The report from HSBC Global Investment Research said that electronics is becoming “the new oil”, with the two deficits inching very close in value terms. India’s goods trade deficit narrowed…
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bhaskarlive.in broke the news on Wednesday, September 16, 2026.
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