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India’s exports witness 5.17% surge

Prime News, National, International, Business, New Delhi, May 16:- The Centre on Wednesday reported a 5.17 percent increase in exports for the month of April this year, compared to the same month last year.

As per data released by the Ministry of Commerce and Industry, exports during April 2018 were valued at USD 25.91 billion, compared to USD 24.64 billion in April last year, thus registering a positive growth of 5.17 percent.

Major commodity groups that showed positive export growth include engineering goods (17.63 percent), organic and inorganic chemicals (38.848 percent), drugs and pharmaceuticals (13.56 percent), cotton yarn/handloom products (15.66 percent), and plastic and linoleum (30.03 percent).

Non-petroleum and non-gems and jewellery exports in April 2018 were valued 11.73 percent higher at USD 19.80 billion, as against USD 17.72 billion in the corresponding period last year. –(Inputs: Agencies, NGB)

 

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