India’s exports rise 6.7% in September; trade deficit widens
New Delhi: India’s merchandise exports climbed 6.74 per cent year-on-year to $36.38 billion in September, showing resilience amid global challenges.
Imports, however, saw a sharper rise of 16.6 percent to $68.53 billion, pushing the country’s trade deficit to $32.1 billion for the month.
The surge in imports was largely driven by higher inflows of gold, silver, fertilisers, and electronic goods, according to data from the commerce ministry.
During the first half of the current fiscal (April–September), exports increased 3.02 percent to $220.12 billion, while imports grew 4.53 percent to $375.11 billion.
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