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Exports jumps 27.6% in March; trade deficit swells to $10.4 billion

Exports jumps 27.6% in March; trade deficit swells to $10.4 billion

Thursday, April 13, 2017, 7:01 PM

India's exports grew by 27.6% to $29.23 billion in March on account of robust performance by sectors like petroleum, textiles, engineering goods and gems and jewellery. Imports too jumped 45.25% to $39.66 billion last-month from $27.3 billion in March 2016. A huge spike in gold imports pushed the trade deficit to $10.43 billion during the month under review from $4.4 billion a year ago.
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