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India’s exports jump 11 percent to $27.68 bn

India’s exports rose by 11.15 percent to $27.68 billion in September while imports dipped by 18 percent, helping to narrow trade deficit to a two-and-a-half-year low, government data showed.

India’s exports rose by 11.15 percent to $27.68 billion in September while imports dipped by 18 percent, helping to narrow trade deficit to a two-and-a-half-year low, government data showed on Wednesday.

According to data released by the commerce ministry here, imports slumped by 18.10 percent to $34.44 billion in September, leaving a monthly trade deficit of $6.76 billion. This is the lowest trade deficit since March 2011. 

Trade deficit was recorded at $10.9 billion in August and $12.27 billion in the previous month. 

-IANS

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