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Exports bounce back to double digit growth; up 16% in Sept
New Delhi, Nov 01: After slowing down in August, exports bounced back to register a double digit growth at 16 per cent in September at $4.98 billion as against $4.29 billion in September, 2002.
New Delhi, Nov 01: After slowing down in August, exports bounced back to register a double digit growth at 16 per cent in September at $4.98 billion as against $4.29 billion in September, 2002.
In Rupee terms, exports stood at Rs 22,841.93 crore, 9.73 per cent higher than the value during September, 2002, according to the official trade data released here today.
Export growth had slipped to single digit in the month of August at 4.19 per cent.
Export growth had slipped to single digit in the month of August at 4.19 per cent.
Exports during the first half (April-September) of 2003 continued the growth momentum, recording a cumulative growth of 9.99 per cent at $27.43 billion as against $24.94 billion during the corresponding period last year.
In rupee terms, exports were to the tune of Rs 1,27,610.18 cror during April-September, 2003, a growth of 4.89 per cent over last year.
India's imports during September were up by 16.25 per cent at $5.911 billion as against $5.085 billion in September 2002.
In Rupee terms, imports increased by 10.02 per cent in September 2003.
Bureau Report