India s exports continue upward climb in May, trade deficit hits 8-month low indiatoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatoday.in Daily Mail and Mail on Sunday newspapers.
The Federation of Indian Export Organisations (FIEO) President S K Saraf also expressed concerns over the rising prices of domestic inputs and suggested reduction in import tariff to soften the prices.
India s exports surge 80% to $7 billion during May 1-7
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Last Updated: May 09, 2021, 01:57 PM IST
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Imports too rose by 80.7 per cent to $8.86 billion during May 1-7, 2021 as against $4.91 billion in the same period last year and $10.39 billion in 2019.
Reuters
India s exports in April jumped nearly three-folds to $30.21 billion from $10.17 billion in the same month last year.
Continuing a positive growth, India s exports grew by 80 per cent to $7.04 billion during the first week of this month, according to preliminary data of the commerce ministry. Exports during May 1-7 last year stood at $3.91 billion and $6.48 billion in the same week of May 2019, data showed.
Exports rise 80% to $7 bn during first week of May: Commerce Ministry
Continuing a positive growth, India’s exports grew by 80 per cent to $ 7.04 billion during the first week of this month, according to preliminary data of the commerce ministry.
Exports during May 1-7 last year stood at $ 3.91 billion and $ 6.48 billion in the same week of May 2019, data showed.
Imports too rose by 80.7 per cent to $ 8.86 billion during May 1-7, 2021 as against $ 4.91 billion in the same period last year and $ 10.39 billion in 2019.
India’s exports in April jumped nearly three-folds to $ 30.21 billion from $ 10.17 billion in the same month last year.
Major export commodities which are recording healthy growth include gems and jewellery, jute, carpet, handicrafts, leather, electronic goods, oil meals, cashew, engineering, petroleum products, marine products and chemicals.
Indian exports surge 80% to $7 billion in 1st week of May
Indian exports surge 80% to $7 billion in 1st week of May
Federation of Indian Export Organisations (FIEO) President S K Saraf said that the exports growth is encouraging and order books of exporters are healthy.
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UPDATED: May 10, 2021 14:53 IST
India s exports in April jumped nearly three-folds to $ 30.21 billion from $ 10.17 billion in the same month last year. (Photo: Reuters/Representational image)
Continuing a positive growth, India s exports grew by 80 per cent to $7.04 billion during the first week of this month, according to preliminary data of the commerce ministry.
Exports during May 1-7 last year stood at $3.91 billion and $6.48 billion in the same week of May 2019, data showed.