News and Events

Indian export in November up by 26pct

India's exports have registered a growth of 26.8% during November 2010, at USD 18.9 billion.

Stating this at a press interaction Mr Rahul Khullar commerce secretary informed that during the period April to November 2010, exports have reached a level of USD 140.3 billion at a growth of 26.7% while the imports were USD 222 billion with a growth of 24% and a trade deficit of USD 81 billion.

During the interaction, Mr Khullar informed that India's imports in November 2010 were USD 27.8 billion, up by 11.2%. He further clarified that these figures are the quick estimates and the final figure may change.

During April to November 2010, the following sectors have done well viz., engineering, gems & jewellery, petroleum and its products, leather & leather products, carpet, plastics & linoleum, cotton yarn, chemicals etc.

Explaining about the growth momentum in exports, during the interaction, Mr Khullar said that the target of USD 200 billion will not only be achieved but can even touch between USD 210 to 215 billion, during this fiscal.