India: Exports Grow at 33 Month Rate High

January 9th, 2011
in News

The Times of India:  India's exports showed a "remarkable" annual growth of 36.4 per cent, highest in the last 33 months, with consignments in December 2010 raising prospects of the country exporting $215-225 billion worth of merchandise in the current fiscal.

Follow up:

Exports in December aggregated $22.5 billion, while imports contracted by 11.1 per cent to $25.1 billion, resulting in a narrow trade deficit of $2.6 billion, the lowest in three years.

"The US markets have been (doing) pretty good, even EU markets are good," commerce secretary Rahul Khullar said here while giving the trade figures.  Read more at The Times of India.....

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