Export Rebalance
India’s export map is quietly, but decisively, being redrawn. Recent data reveals a geographic rebalancing that goes beyond year-on-year fluctuations and points to a deeper structural shift in how ~ and where ~ the country earns its export revenues. Southern states are emerging as the new growth poles, while long-dominant western powerhouses are showing signs of strain. The rise of states like Tamil Nadu and Telangana is not accidental.
Their export growth reflects years of deliberate industrial strategy: building electronics and engineering clusters, integrating manufacturing with global supply chains, and aligning state-level policies with the needs of export-oriented firms. Tamil Nadu’s steady expansion across automobiles, electronics and engineering goods shows the advantage of diversification. It is no longer dependent on a single sector or market, making its export basket more resilient to global shocks. Telangana’s surge is equally instructive. Often viewed primarily........





















Toi Staff
Sabine Sterk
Gideon Levy
Penny S. Tee
Waka Ikeda
Grant Arthur Gochin
Daniel Orenstein
Beth Kuhel