Strong gains in electronics and engineering goods push second-quarter overall exports to a record $242.6 billion despite global energy volatility.
Outbound shipments of electronics and goods rose over 40% as Prime Minister Narendra Modi raised structural market access with Xi Jinping.
Robust domestic demand and infrastructure imports for the artificial intelligence boom drove the trade gap to its highest level in over a year.
While New Delhi attempts to project a tough diplomatic stance through the Quad, its factories are more dependent on Beijing than ever before.
A sharp drop in gold imports and a massive jump in electronics shipments helped push merchandise exports to $43.8 billion.