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<h1>Bilateral trade between India and the GCC shows sustained year on year growth, signalling stronger commercial ties in recent fiscal periods.</h1> Bilateral trade between India and the Gulf Cooperation Council rose substantially in recent reporting periods, with April-October 2022 showing marked year on year growth compared with the same period in the prior fiscal year, continuation of a large increase from FY 2020-21 to FY 2021-22, and a positive five year compounded annual growth rate; these figures were disclosed in reply to a parliamentary question by the Minister of State in the Ministry of Commerce and Industry.