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India’s exports up 11.64% in July

India’s exports up 11.64% in July

Exports during July, 2013 were valued at US $ 25834.46 million which was 11.64 per cent higher in Dollar terms (20.25 per cent higher in Rupee terms) than the level of US $ 23140.43 million during July, 2012. 

Cumulative value of exports registered a growth of 1.72 per cent in Dollar terms and growth of 6.31 per cent in Rupee terms over the same period last year, the best in two years — propelled by higher demand for pharmaceuticals, textiles, chemicals and petrochemicals, and a falling rupee.
   
Imports during July, 2013 were valued at US $ 38102.56 million representing a negative growth of 6.20 per cent in Dollar terms and growth of 1.04 per cent in Rupee terms over the level of imports valued at US $ 40619.45 million in July, 2012.

 Cumulative value of imports for the period April-July, 2013-14 was US $ 160738.29 million as against US $ 156327.95 million registering a growth of 2.82 per cent in Dollar terms and growth of 7.12 per cent in Rupee terms over the same period last year.
 
Commerce Secretary S. R. Rao said during a press conference that export growth should keep pace in the coming months as recent incentives start showing results, and the rupee exchange rate being down.

Exports during July, 2013 were valued at US $ 25834.46 million which was 11.64 per cent higher in Dollar terms (20.25 per cent higher in Rupee terms) than the level of US $ 23140.43 million during July, 2012.  Cumulative value of exports registered a growth of 1.72 per cent in Dollar terms and...

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