Rise in engineering goods shipments surges March merchandise exports
By IANS |
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New Delhi, April 2 : Rise in outbound shipments of India s engineering goods in March pushed the monthly growth of overall merchandise exports to a new record high.
Accordingly, the engineering goods exports jumped 70 per cent in March.
The sector was among the major commodity groups of export which recorded positive growth during March 2021 along with iron ore, electronic goods and gems and jewellery.
Notably, India s total merchandise exports during this period were $34 billion as compared to $21.49 billion in March 2020 registering a jump of 58.23 per cent.
Indian engineering goods witness a surge in demand
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