Exports rise 17.3% to $14 bn in first 2 weeks of March

Showing healthy signs of revival, India’s exports grew 17.3% to $14.22 billion during March 1-14 compared with a year earlier, according to the Commerce Ministry’s preliminary data.

Imports during the period increased 27.8% to $22.24 billion, leaving a trade deficit of $8.02 billion, the data showed. The key sectors that recorded healthy growth in exports include engineering, rice, gems and jewellery.