Why are Indian exports to Germany affected?
Germany's GDP has declined for the past two quarters. GDP fell by 0.3% for the January-March period. Its incidence is 0.5% in the European Union. Its impact is expected to be around 10 percent of India's exports. Exports of mobile phones, ready-made garments, footwear and leather products are likely to be particularly affected. India and GermanyThe trade is about 10 billion dollars.
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