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India’s merchandise exports nearly trebled in April to $30.21 billion over the same period year, mainly due to low-base effect, as Covid-19 induced nationwide lockdown a year ago had temporarily stopped economic activity. However, exports grew 16.03 per cent from $26.04 billion in April 2019, indicating that a low base was also supported by strong demand in the first month of the current fiscal. An uptick in outbound shipments in April was driven by demand for petroleum products, engineering and gems and jewellery products. Latest data also indicates that an unprecedented surge in covid-19 cases as well as localised lockdowns in the country did not affect the demand for goods. On a sequential basis, exports dipped by 12.3 per cent from $34.45 billion in March.

Mahesh desaiSharad kumar sarafPromotion council of indiaMinistry of commerceFederation of indian export organisationsKumar sarafIndian export organisationsExport promotion councilChairman mahesh desaiமகேஷ் தேசாய்ஷரத் குமார் சராஃப்ப்ரமோஶந் சபை ஆஃப் இந்தியாஅமைச்சகம் ஆஃப் வர்த்தகம்கூட்டமைப்பு ஆஃப் இந்தியன் ஏற்றுமதி ஆர்கநைஸேஶந்ஸ்குமார் சராஃப்இந்தியன் ஏற்றுமதி ஆர்கநைஸேஶந்ஸ்