Exports jump by 57% to $25.9 bn in May

Imports,too,went up by 54.1 pct to USD 40.9 billion,leaving a trade deficit of USD 15 billion.

India’s exports grew by an impressive 56.9 per cent to USD 25.9 billion year-on-year in May on account of increasing demand from the Western markets.

Imports,too,went up by 54.1 per cent to USD 40.9 billion,leaving a trade deficit of USD 15 billion. “This is the highest imports figure in the last four years,” Commerce Secretary Rahul Khullar said.

During April-May,exports increased by 45.3 per cent to USD 49.8 billion. “Good run of exports are continue,” Khullar added.

Imports during the first two months of the current fiscal grew by 33.3 per cent to USD 73.7 billion. The trade deficit during the period stood at USD 23.9 billion.

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Among dead in Vijay rally stampede, young mother, couple set to marry

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