Indian exports to Gulf countries grew by 44% in 2021-22: FIEO

The Federation of Indian Export Organisations (FIEO) reported that India's exports to six Gulf Cooperation Council countries grew by 44% to about $43.9 billion in 2021-22. UAE led the trade with exports worth $28 billion, showing a 68% growth compared to the previous fiscal year. India has a 16% market share in GCC and is targeting 25% by 2027.