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Friday, February 12, 2010
10:04:00 PM | 
Posted by
Sukh Sandhu
Indian Exports grew by 11.5% in January
Indian exports reported growth for the third consecutive month as in January exports grew by 11.5% comparing to the same period last year, commerce and industry minister Anand Sharma told reporters today. In January, exports were reported at $14.34 billion while the exports figures were posted $12.9 billion last year. The increase in exports shows that the country is making its strong presence in the international marketplace.
The official foreign trade data, including the import figures, would be released on March 2. The preliminary data had earlier expected a growth of 8% the export figures in January.
Not only in January, exports from India were on a high for the past three months as in November 2009 India's exports grew by 18.2% and were posted $13.2 billion and in Decemberexports grew by 9.8% to reach on a 15 month high and touched $14.61 billion. Before November, India's export saw 13 successive months of decline because of the global economic slowdown since October 2008.
"Between now and March 31, we hope to maintain and further strengthen the growth, which will help us in registering healthy export figures and reducing gap dip in year-on-year exportssubstantially," Commerce and Industry Minister Anand Sharma said, Revealing the January export numbers.
Indian exports reported growth for the third consecutive month as in January exports grew by 11.5% comparing to the same period last year, commerce and industry minister Anand Sharma told reporters today. In January, exports were reported at $14.34 billion while the exports figures were posted $12.9 billion last year. The increase in exports shows that the country is making its strong presence in the international marketplace.
The official foreign trade data, including the import figures, would be released on March 2. The preliminary data had earlier expected a growth of 8% the export figures in January.
Not only in January, exports from India were on a high for the past three months as in November 2009 India's exports grew by 18.2% and were posted $13.2 billion and in Decemberexports grew by 9.8% to reach on a 15 month high and touched $14.61 billion. Before November, India's export saw 13 successive months of decline because of the global economic slowdown since October 2008.
"Between now and March 31, we hope to maintain and further strengthen the growth, which will help us in registering healthy export figures and reducing gap dip in year-on-year exportssubstantially," Commerce and Industry Minister Anand Sharma said, Revealing the January export numbers.
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