Home > Practice > Current Affairs > May - 2024 > May 15, 2024
1. In the fiscal year 2023-24, which country overtook the United States to become India's largest trading partner?
According to data from the Global Trade Research Initiative (GTRI), China emerged as India's largest trading partner in FY23-24, surpassing the United States. This shift in trade dynamics reflects the significant growth in two-way commerce between India and China, with trade values exceeding those of the US during this period.