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Exports to benefit from robust US growth

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The robust US growth is expected to help Indian exporters, according to the Indian press.

“With the US, India’s largest destination for merchandise exports, showing a robust economic growth, its best in the last four years, Indian exports hold a promising outlook, helping the country’s macro picture,” said the report.

The US economy grew by 4.2 per cent in the second quarter of this year, the best in about four years despite a tariff war with China, according to the paper.