India’s merchandise exports grow by 6.21% in October

  • India’s merchandise exports grew by 6.21% in October, breaking the contraction sequence that began in February.
  • Despite a fall in commodities prices, there is a ‘substantial positive trend’ in exports, with imports also rising to $65.03 billion due to festive season demand.
  • The government is exploring new markets and reducing non-tariff barriers, with hopes of surpassing last year’s export figures despite global uncertainties.

[Via]

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