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India's Exports Rise 19.6% Despite Cargo Rate Surge Amid US-Iran Tensions

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India recorded a notable 19.6% jump in exports even as cargo rates surged amid rising US-Iran tensions. The growth comes despite global shipping disruptions that have pushed freight costs higher. A key factor behind the resilience is India's broadening export base, with the country now selling to a wider range of markets. This diversification means Indian exports are no longer heavily reliant on a small set of traditional destinations. The shift signals a structural change in how India engages with global trade.

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