Exports increased 36.3 percentDespite fears of recession in America and Europe in September, India's exports in 2011 rose 36.3 percent on an annualized basis was $ 24.8 billion. September export growth can be considered good in itself, but the current financial year April - September, six months is less than the average growth rate of 52 percent.September 2010 from 18.2 billion dollars was exported in the country. Ministry of Commerce said that the country's imports in September rose 17.2 percent to 34.5 billion dollars, the trade deficit was 9.7 billion dollars. Although August is lower than the growth rate of exports in September, but in view of the credit crisis in America and Europe can be tremendous. Export growth rate was 44.2 percent in August. Commerce Secretary Rahul Khullar said the current financial year to 300 billion dollars in exports could reach 290.
Country's exports during April-September, which is 52 per cent to 160 billion dollars in the same period of last financial year was 105.2 billion dollars.
Country's exports during April-September, which is 52 per cent to 160 billion dollars in the same period of last financial year was 105.2 billion dollars.