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Exports jump 81.8 per cent to $29.3 bn in July

Exports jump 81.8 per cent to $29.3 bn in July

India's exports grew by an impressive 81.8 per cent to $29.3 billion in July. Sectors, which have registered healthy growth, during the period, include engineering, petroleum products, gems and jewellery and readymade garments.

India's exports grew by an impressive 81.8 per cent to $29.3 billion in July, Commerce Secretary Rahul Khullar on Thursday said.

Imports, too, grew by 51.5 per cent to $40.4 billion, leaving a trade deficit of $11.1 billion.

"Exports have done well...but my sense is that it (high export growth) is not going to sustain. We will see slowdown by this month," Khullar said.

During April-July 2011, the shipments grew by 54 per cent to $108.3 billion. Imports grew by 40 per cent to $151 billion.

During the same period, trade deficit stood at $42.7 billion.

Sectors, which have registered healthy growth, during the period, include engineering, petroleum products, gems and jewellery and readymade garments.

Published on: Aug 11, 2011, 1:32 PM IST
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