Exports grew 9%, but trade gap widened to 7-month high in May
The textile sector grew 9.8% in May, after months of sluggishness. File | Photo Credit: M. Periasamy India’s goods exports grew 9.1% to $38.13 billion in May, while imports rose 7.7% to $61.91 billion, Commerce Secretary Sunil Barthwal said on Friday, stressing that things are looking “more optimistic for foreign trade this year”. Even the…
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