India’s exports to ASEAN and Africa explode, driving 16% FY27 growth
In April‑May FY27, India’s exports jumped 16% YoY to $88.9 bn, led by a 66.9% surge to ASEAN ($10.5 bn) and a 53.1% rise to Africa ($9.6 bn). The two regions added over $7.6 bn, pushing export diversification beyond traditional NAFTA and Europe markets.